Meh. USD is in big inflation too.
Kinda sucks for me, I used USD as the standard unit for conversion for my military analysis of exports of planes that I did in 2019.
Ever since 2020, I have been postponing updating it due to really unstable conversion rates/dollar inflation, and I think I will just stick to measure everything in 2019 US dollars and convert modern units to those.
Part of why this is happening is the central bank raising interest rates in the US because of that inflation. When it looks like it’s going to get more and more expensive to hold dollars in the future, the dollar is bought up a lot, forcing other currencies out. This and the energy crisis the US created is forming a combined effect to destroy those currencies. It makes the dollar stronger internationally, while doing very little to address domestic pricing problems.
Meh. USD is in big inflation too. Kinda sucks for me, I used USD as the standard unit for conversion for my military analysis of exports of planes that I did in 2019. Ever since 2020, I have been postponing updating it due to really unstable conversion rates/dollar inflation, and I think I will just stick to measure everything in 2019 US dollars and convert modern units to those.
Part of why this is happening is the central bank raising interest rates in the US because of that inflation. When it looks like it’s going to get more and more expensive to hold dollars in the future, the dollar is bought up a lot, forcing other currencies out. This and the energy crisis the US created is forming a combined effect to destroy those currencies. It makes the dollar stronger internationally, while doing very little to address domestic pricing problems.