Bloomberg Intelligence’s Eric Balchunas says the 50-year rise in Big Mac prices offers a simple gauge of currency debasement and inflation. He uses it to show how nominal gains can mask weaker real returns and lost purchasing power.
published
Bloomberg Intelligence’s Eric Balchunas says the 50-year rise in Big Mac prices offers a simple gauge of currency debasement and inflation. He uses it to show how nominal gains can mask weaker real returns and lost purchasing power.
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$META market result
I sold the $META $655 Puts 9/25 for $7.60
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