Quote:
Originally Posted by aceventura3
Here is a chart of the US Dollar to the Euro.
If the cart fails to show properly here is a link:
http://www.advfn.com/p.php?pid=qkchart&symbol=FX^USDEUR
People buying oil, convert Euros to dollars, and buy the oil. Today they can buy more oil with fewer Euros or they realize a smaller increase in oil prices compared to those who trade exclusively in dollars.
There is a tail to inflation or a delay effect. Inflation will get measurably worse long before it gets better, given current trends. |
If anything, that proves how wrong you are. So the dollar-Euro exchange rate is back to 09 levels? and the dolar is worth only about 14% less than what it was worth at its peak in recent years? By simple logic that can't explain how gas prices have risen so much. So again, this whole "QE is the cause" is bs.