What a shitpost. You take two safe haven currencies (USD, CHF) and one developed market currency backed by economies of 19 countries (EUR) and compare it to an emerging market currency used in one country which is facing a war on its eastern border. What were you expecting?
If you want to make a post about PLN that actually makes sense, compare it to Ukraine's Hryvna, Turkey's Lira, Russia's Rubel, Czechia's Koruna, Romania's Leu's... as they say: apples to apples.
And the cherry on that shitcake? The political timeline at the bottom.
thomaslmk
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@ivory2021, it's important these post ,people can see crisis near or not .It's true that ukraine, russia,romania,Czechia ,Turkey,Poland ,currencies is weak because they goverments don't want to change currencies to Euro.
ivory2021
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@thomaslmk, and good, euro has killed the southern european countries economically at Germany's benefit. We don't need more corpses in that wardrobe. Euro is down vs the dollar from 1.14 to 0.98 just this year and I would gently remind everyone that it traded at 1.23 last year, so presenting euro as some kind of miracle cure for CEE countries is just silly and I am being gentle here. Dollar is the king and that's that.
tgreg
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@ivory2021, dollar won't be the king forever. It's gonna change.
ivory2021
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@tgreg, maybe, maybe not. Definitely not now. Doesn't change the fact it's a terrible chart.
tgreg
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@ivory2021, draw the better one for PLN and people from Poland and show how it should be drawn.
ivory2021
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@tgreg, posting charts is not mandatory. If you have nothing relevant to say, you have an option to stay quiet. Spreading stupidity is not a contribution and you should not expect gratitude.
As for a better chart, just look at USDPLN, it tells you everything you need to know.
@ivory2021, as long as you cannot understand the meaning of the chart doesn't make an author and people seeing the value in the chart stupid people. 😉 I cross my fingers for you. 💪🏼
ivory2021
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@tgreg, I didn't call you stupid and I don't think you are. I was criticising the chart. Strong language, sure, but no ad hominem. Creativity is more often needed in interpretation. Just my 2c.
If you want to make a post about PLN that actually makes sense, compare it to Ukraine's Hryvna, Turkey's Lira, Russia's Rubel, Czechia's Koruna, Romania's Leu's... as they say: apples to apples.
And the cherry on that shitcake? The political timeline at the bottom.