Post
Topic
Board Economics
Re: USD to unpegged currencies
by
cbeast
on 27/01/2013, 00:45:21 UTC

Similar trends by countries not engaged in the race to the bottom:

http://www.xe.com/currencycharts/?from=USD&to=PLN&view=10Y


PLN ? Seriously, they keep buying Formula-1 engines in their race to bottom with debt from EU. It's one of the most inflationary currencies on earth.

Inflation in december alone was 2.4%.
It looks like they joined the currency war late in the game. I wonder how it's working out for them?