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by drstewart 229 days ago
No it's not:

https://ycharts.com/indices/%5ESPXCAD

https://ycharts.com/indices/%5ESPXJPY

https://ycharts.com/indices/%5ESPXCNY

Hmm, might have you cherry-picked some data?

1 comments

>when you account for loss of purchasing power of the US dollar:

I see about a 10% growth in your charts and that's what experts estimate the loss on the dolar has been this year. What's the deal?

The "deal" is that those chats are already adjusted to foreign currencies. That's 10% growth in those currencies.

Maybe your experts aren't such experts.

Why are we pretending that other currencies also aren't falling? Those charts don't negate that suggestion.

I'm no expert myself, but feel free to argue with them if you are:

https://www.morganstanley.com/insights/articles/us-dollar-de...

https://economictimes.indiatimes.com/news/international/us/d... (note: This one comes from Paul Graham himself).