Q: Hi guys
I bought Exxon Mobil as an inflation hedge for long term.Have i made a mistake in buying a US company because a falling US dollar is almost inevitable as past history shows countries aggressively De-value their currencies in an attempt to spur growth.Japan being an example recently.
I bought Exxon Mobil as an inflation hedge for long term.Have i made a mistake in buying a US company because a falling US dollar is almost inevitable as past history shows countries aggressively De-value their currencies in an attempt to spur growth.Japan being an example recently.