Gold is priced in dollars. So is oil. So is real estate.
Gold is priced in dollars. So is oil. So is real estate.
Yes, that's my point... everything is priced in dollars.
Yes, that's my point... everything is priced in dollars.
Frame of reference. Like I said. It's just that.
If you mean that the USD is an abstract concept with no underlying value. Then your right, and wrong.
Frame of reference. Like I said. It's just that.
If you mean that the USD is an abstract concept with no underlying value. Then your right, and wrong.
No, it's not priced in dollars, there's a conversion to dollars but also to yen, yuan, euro etc. In the states the common conversion is to the dollar.
No, it's not priced in dollars, there's a conversion to dollars but also to yen, yuan, euro etc. In the states the common conversion is to the dollar.
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