Cans of red bull 50P (UK ICELAND INSTORE)

Horrible stuff but great psychological value. If you’re snoozing now however, here’s a question you should still manage :wink: When a country’s monetary authority increases the money supply, a unit of money: A) gains value both in terms of the red bull it can buy and in terms of the foreign currency it can buy. B) gains value in terms of the red bull it can buy but loses value in terms of the foreign currency it can buy. C) loses value both in terms of the red bull it can buy and in terms of the foreign currency it can buy.

C? I got 12 cans of diet Red bull for $22 + change + taxes. Is that a good deal. I remember when I used to get it from NYC, it used to cost me $4 pop per diet bull.

currency depriciates when govt pumps more money into the system hence it will buy less FX. Now redbull…if you are buying somewhere in Boston…it increases it value but if you buying directly from Swiss then it decreases. A - NO B- If buying in domestic country C- if buying from Zurich WTF schweser has done this year!

c

increasing supply causes inflation, redbull, evenif produced locally, will appreciate, and so it will have 0 effect…since lets you salary usually follows inflation… c

It was indeed C.