How did the USD do during stagflation?

[brewer12345]

Anyone know or see an easy chart of how the USD did in the 1966-1982 period? I suspect the trend was down, but I don't really know.

 

[dory36]

http://eh.net/hmit/exchangerates/

Not charted, but you can get the data.

 

[brewer12345]

http://eh.net/hmit/exchangerates/

Not charted, but you can get the data.

Interesting. A very mixed bag, indeed. Thanks, Dory.

 

[Nords]

Anyone know or see an easy chart of how the USD did in the 1966-1982 period?  I suspect the trend was down, but I don't really know.

I know that in 1983 it was sky-high against the Spanish peseta and stayed there for a couple years, and by 1984 it had started falling against the British pound but was still sky-high against the Portuguese escudo.  Europe sure was fun then...

 

[Lancelot]

Cool site! Beats me where the US$ will settle. Probably a bit weak in the near term and ?? in the long term

 

[Ed_The_Gypsy]

"In the long term, we are all dead." John Maynard Keynes

When you consider other currencies of interest (euro, peso--numerous and many), who cares?

When I dispair at my own country's policies, I look at the international news--and I feel a whole lot better.

Besides, I am 50% in non-US equities. The benefits of diversification (one hopes).

 

[Lancelot]

"In the long term, we are all dead."  John Maynard Keynes

When you consider other currencies of interest (euro, peso--numerous and many), who cares?

Hi Ed,

Yeah, none of us will escape the grim reaper.

I might care a bit if -long term- the US$ tanks.

I'm not sure, but stuff at Wal Mart might cost more. Does that contribute to that inflation thingy?!? 8)

 

[Ed_The_Gypsy]

Hi, Lance,

I'm not sure, but stuff at Wal Mart might cost more.

Only if producer prices go up in China.

 

[d]

this reminds me of an old saw: there is only only thing more difficult (dangerous) to predict than interest rates ...  foreign exchange rates.

 

[Lancelot]

Hi, Lance,

Only if producer prices go up in China.   

Ed,

So the dollar can tank and the prices of chinese goods (in dollar terms) will not increase?

They will only increase as a result of increased producer prices in China?

Interesting 8)

 

[Ed_The_Gypsy]

Well, Lance,

I can't be right ALL the time!

 

[Lancelot]

Well, Lance,

I can't be right ALL the time! 

No one is buddy. Just giving you a hard time...