Dollar not devalued? You?re delusional.
The British pound has been nearly as badly hit as the dollar in recent times yet, despite that, in January 2009, 1 GBP got you $1.442. Now it will return $1.64.
As for the Euro, in January 2009, 1 Euro got you $1.323. Now it will return $1.455.
That?s a 14% devaluation against the GBP and 10% against the Euro. Can you find me a major currency that it hasn?t been devalued against?
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