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To: 4rcane
inflation=cause
devalue=effect

That makes perfect sense in a scholarly economic way-- a great theory for a PhD.  Then when when folks like me point that it don't work that way in real life--

--then you can simply respond like a typical economics scholar saying "well! that's all well and good for some fancy real life but how are your ideas going to survive when it comes down to hard cold theory?"  Related article: Even the Top Economists Are Bad Investors - Ike Brannon,Weekly Standard

74 posted on 08/12/2015 6:15:22 AM PDT by expat_panama
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To: expat_panama

the problem with that graph you show in the CPI number is not correct and USD dollar is an INDEX. It compares strength of USD vs other currency. When all other currency is devaluing, it creates the impression that USD is strengthening
here’s a video on how CPI numbers are rigged
https://www.youtube.com/watch?v=zPkTItOXuN0

So sorry, I deal with the real world and that graph is a false representation of reality


75 posted on 08/12/2015 6:45:45 AM PDT by 4rcane
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