[ home / board list / faq / random / create / bans / search / manage / irc ] [ ]

/biz/ - Business and Finance

Get Rich or Die Trying

Catalog

Name
Email
Subject
Comment *
File
* = required field[▶ Show post options & limits]
Confused? See the FAQ.
Embed
(replaces files and can be used instead)
Options
Password (For file and post deletion.)

Allowed file types:jpg, jpeg, gif, png, webm, mp4, swf, pdf
Max filesize is 8 MB.
Max image dimensions are 10000 x 10000.
You may upload 2 per post.


File: 1454586156470.jpg (80.46 KB, 780x520, 3:2, trump-incredulous.jpg)

7a4583 No.984

>he follows the S&P 500 Index without following the US Dollar Index

73a090 No.992

would you mind explaining in tl;dr terms what the dollar index tells you? i know about it but don't know why it's necessary to compare USD to other currencies.


7a4583 No.993

File: 1455129462203.jpg (123.49 KB, 690x431, 690:431, gold.jpg)

>>992

>there could be 100% inflation

>this means your money halves every year in REAL TERMS

>the S&P500 could go up but you're still losing in REAL TERMS

>unless you look at the USD Index or the gold price in USD or CPI inflation rate you will never know

For example the stock exchange in Berlin went up 1128% in 1922 (measured in Papiermark) but in gold terms it actually went down 69%.


73a090 No.994

gold is included in the dollar index? i thought it was just fiat currencies relative to the dollar, which made it kind of superfluous to me.




[Return][Go to top][Catalog][Post a Reply]
Delete Post [ ]
[]
[ home / board list / faq / random / create / bans / search / manage / irc ] [ ]