Question about the Euro and US Dollar?
If the Euro reaches 1.80-2.00 against the US Dollar what will happen to the European community using the Euro and what will happen to the US??
Related posts:
- Euro Dollar taking over America? Businesses in New York (east coast) are allowing customers to pay in Euro Dollars. Will this spread accross the USA? What will be the outcome?...
- What is the euro-dollar exchange, purchasing power parity? We all know that the dollar is becoming surprisingly weak compared to the euro. But what is the actual euro-dollar exchange, purchasing power parity? (i.e....
- Macroeconomics – Euro and Dollar? If the Euro appreciates versus the dollar, what does that mean about the value of the dollar? Is it cheaper or more expensive to have...
- Why is the Exchange Rate for the US dollar so much higher against the Euro? The current Exchange Rate for the US dollar against the Euro is .28. Does the United States control this exchange rate or does the Euro...
- What would happen if the Chinese chose the Euro over the American dollar? What would happen to Americas economy if the Chinese government and people abandoned their faith and confidence in the American Dollar and chose the Euro...
Tagged with: community • dollar • Euro • US
Filed under: Currencies
We will export more and import less.
Food prices will go up. The price of oil will go up. The US may end up in a depression.
The US is broke! and the EU is getting that way
well, ideally it will help us export more because a weak dollar means cheaper US products for the rest of the world. I dunno, I think we’re in big trouble, the way our currency is tanking.