When currencies inflate, people need to trade their money for something that goes up by more than inflation, or they will lose purchasing power. People in North America hedge against inflation by spending their money on stocks or items they think will hold value.
Why is USD/CAD Going Up?
Why is USD/CAD Going Up?
Why is USD/CAD Going Up?
When currencies inflate, people need to trade their money for something that goes up by more than inflation, or they will lose purchasing power. People in North America hedge against inflation by spending their money on stocks or items they think will hold value.