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To: AntiScumbag; sport
Ya know, you're a good example of what's wrong with this site and knee-jerk conservatives in general -- that is, you don't know have the first clue about what you're talking about. In fact, the US Dollar index has traded between 79 and 80 in '91, '93, '95, '05, '08, '10, '12, '13 and '14.

Ya know, you are an asshat who is clueless about everything.

The dollar index "is a weighted geometric mean of the dollar's value compared only with a "basket" of 6 other major currencies which are: Euro (EUR), 57.6% weight. Japanese yen (JPY) 13.6% weight. Pound sterling (GBP), 11.9% weight. Canadian dollar (CAD), 9.1% weight. Swedish krona (SEK), 4.2% weight. Swiss franc (CHF) 3.6% weight"

Meaning if the other currencies are devaluing with relation to their value against material goods or labor, we can expect to see no change in this index.

However, all these currencies are devaluing, thus the higher costs for materials, services, and stocks.

And thus the higher DJIA.

Now go bother someone who isn't as ignorant as you, tankyuvurramuch.

68 posted on 05/12/2014 6:45:23 AM PDT by Lazamataz (Early 2009 to 7/21/2013 - RIP my little girl Cathy. You were the best cat ever. You will be missed.)
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To: Lazamataz

You once again confirm that you’re not very bright.

Obviously, I know exactly what the US dollar index is, as I said — but you apparently couldn’t be bothered to read:

“But, that’s against other fiat currencies, so how about against gold?”

Lemme know when you come up with another dumb excuse for your economic illiteracy. You haven’t come remotely close to explaining equity prices.


72 posted on 05/12/2014 8:50:17 AM PDT by AntiScumbag
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