DXY
Dollar under pression due to inflation CPI
The impact inflation has on the time value of money is that it decreases the value of a dollar over time. The time value of money is a concept that describes how the money available to you today is worth more than the same amount of money at a future date.
This also assumes you do not invest the money available to you today in an equity security, a debt instrument, or an interest-bearing bank account. Essentially, if you have a dollar in your pocket today, that dollar’s worth, or value, will be lower one year from today if you keep it in your pocket.
Inflation increases the price of goods and services over time, effectively decreasing the number of goods and services you can buy with a dollar in the future as opposed to a dollar today. If wages remain the same but inflation causes the prices of goods and services to increase over time, it will take a larger percentage of your income to purchase the same good or service in the future.
andrew's Pitchfork Pattern show upper median 96,300-96,500
https://www.barchart.com/stocks/quotes/$DXY/cheat-sheethttps://www.investopedia.com/ask/answers/042415/what-impact-does-inflation-have-time-value-money.asp
Trade active:
Comment:
Wave C is done
Trade active:
· All Roads Lead to 85-84-83
