Originally Posted by
GUWonder
Your post started the FX angle with regard to hotel rates in this thread. As I noted earlier, FX is not a material driver in the Marriott hotel rates listed in your earlier post: “USD depreciation against other major global (fiat money) currencies is not a material driver in the US hotel rates noted above. The material drivers of the indicated high US hotel rates are other than forex dynamic.” Using CNY or using USD, FX dynamics are not a material driver of the posted high US hotel rates.
I did not mention fx, just inflation. I responded to your post about FX after seeing it on telegram. You went from claiming that there was no meaningful "devaluation" (lolz) of the USD against other major currencies. I showed you something that demonstrates that this is incorrect and you changed your time horizon to like 20 years in response. You don't need to hit an all-time low to devalue and 2 years vs. 20 years is obviously completely different.
Originally Posted by
GUWonder
Why you would claim that I am conflating FX with inflation beggars belief, but who am I to say what I know about my own thinking about these matters.
While discussing inflation, you brought up FX and began using that as a substitute.
Originally Posted by
GUWonder
Just like who am I to say that I am under no obligation to cart out my proverbial Rolodex for entertainment — just because it may include Marriott family management — or play URL-posting master — just because there is Google.
My uncle is JW Marriott Jr. And my dad is Jeff Bezos. 🤔
Originally Posted by
GUWonder
By the way, nowhere previously in the thread did I post that “the USD has not fallen relative to other currencies over the past 2 years”.
Well
Originally Posted by
GUWonder
There is no massive devaluation of the US dollar against the other major global currencies during the last two years,
.
Originally Posted by
GUWonder
Thread topic ≠ me. Posting about me = off-topic.
But you just wrote about a paragraph about yourself so if it's off topic....
I'm just tired of these stupid telegram convos about (your) unsourced posts. At this point, I have accepted the fact that most people (not just you) on FT won't source anything they say (which perpetuates so much incorrect information on this forum).