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Why is the value of gold increasing while the value of the American dollar is decreasing?
Wiki User
∙ 13y ago
Because as more dollar bills are printed, they become worth less, thus increasing not only the value of gold but also the value of almost everything else. Think about coffee, coffee only costed like 1.50 cents for a pound in 1890 but to buy a pound of coffee now its like 10 times the price it was then.
Wiki User
∙ 13y ago
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If interest rates rise what will happen to the value of the dollar?
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