Is the market up or down?

If a market goes up 10% when priced in a currency, say dollars, and dollars lose 20% of their value, did the market go up or down?

 

market went up but your US dollars (if thats what you used to invest with) went down

 

The "value" of your assets are always determined by, "asset nominal price x currency value".

The Talking Heads and Gummint Goons keep telling us how a weaker dollar will be good for us. I CALL BULLSHIT ON THAT!