E empee Feb 27, 2008 #1 If a market goes up 10% when priced in a currency, say dollars, and dollars lose 20% of their value, did the market go up or down?
If a market goes up 10% when priced in a currency, say dollars, and dollars lose 20% of their value, did the market go up or down?
N ninjastockman Feb 27, 2008 #2 market went up but your US dollars (if thats what you used to invest with) went down
G gnome Feb 27, 2008 #3 Quote from empee: If a market goes up 10% when priced in a currency, say dollars, and dollars lose 20% of their value, did the market go up or down? More... The "value" of your assets are always determined by, "asset nominal price x currency value". The Talking Heads and Gummint Goons keep telling us how a weaker dollar will be good for us. I CALL BULLSHIT ON THAT!
Quote from empee: If a market goes up 10% when priced in a currency, say dollars, and dollars lose 20% of their value, did the market go up or down? More... The "value" of your assets are always determined by, "asset nominal price x currency value". The Talking Heads and Gummint Goons keep telling us how a weaker dollar will be good for us. I CALL BULLSHIT ON THAT!
