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Reply #68: US Dollar savings return vs. US inflation rate = valid [View All]

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Frodo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-10-04 01:55 PM
Response to Reply #64
68. US Dollar savings return vs. US inflation rate = valid
US Dollar returns (of any type) vs. Foreign Exchange Rate = irrelevant

Irrelevant, that is, unless you are a foreign investor. Foreign exchange rates DO effect spending power slightly (to the extent you buy foreign goods), but it isn't that substantial.

Do you have a positive or negative return based on the purchasing power of the currency?

Absolutely! It's called the "real" return. But only the "purchasing power" in this country.

I don't see a real problem getting "a handle" on inflation. I see people with a dog in this race trying (at EVERY opportunity) to say that things are really worse than they seem (or conversely claiming things are better then they seem). I frankly don't have much of a problem with a measure of inflation that counts a new car with a $500 airbag priced at $20,500 as NOT contributing to inflation over the previous year's car that sold for $20,000 but did not include the airbag. It's either a 2.5% increase or none at all. It looks like none at all to me.
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