Added: 3 years ago
From: seeprogress
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  • The fed has printed too many bills and now there are more than enough bills arround the world to buy all the things in the USA and still have many dollars in the hand. The only reason for the dollar to be considered important is because people believe in the ilusion. The dollar is not backed up by gold.

  • poxy quality

  • Hi,can someone xplain to me y the +ve correlation between stock market and euro dollar?what happens if stock markets in europe are up?and when nasdaq or s&p is up,is it still same +ve correlation?

    for me,is us stocks are up,means dollar should appreciaye,hence eurodollar should decrease,and not increase

    thx

  • US dollar is good currency, but FED is doing stupid policy. European Central Bank monetary policy is better and this is the main difference why euro is still harder than USD.

    jirka86.europe, Prague

  • I'm thinking if we get rid of the FED and print the money out of the treasury and also put a U.S.owned bank for private loans we could have reasonable interest rates and benefit our own country instead of the FED which is a private bank and pays no taxes,just think of all the extra money we could have for war and conquering the world,FTW,sorry about the last part,fucking Tourette's

  • Thank everybody who voted Bush in office

  • Can some one please help me. I want to go to Paris how much is the dollar in Euro money??? please help me I want to take 5,000 minus the plane trip so would I have enough for a good time??? Help me plz

  • You will get for 1 Dollar: 70 euro cents.

  • Depends when he wants to travel.

    Come asap its getting more expensive month by month

  • europe hates America and England,reap and soe,,,,,,,,,there is no ression anywhere else in the world,,,,,war mongerers,,reap and soe

  • I gonna ship some american stuff and electronics.. hehe. CHEAPER :) good for me.. but maybe not in the future

  • lol so 8 years of mismanagement by people who want to ultimately do away with the fed and now its the Fed's fault? No its this bs reaganomics approach to the economy of trickle down lies and ideologies based on the invisible hand myths of economics. This is all basic and it is the stuff they happen to cover, but not focus on in any business class.

  • Ethics, faults of our economic system, the political and social impacts of our economy. Which is why I switched to poly sci. If u want 2 fix things u must see what is going wrong is a fundamentally flawed approach to gov't and mismanagement of our economy, national resources, workforce and corrupted priorities.

  • food prices go up with the price of petroleum and the current state of the economy is certainly the result of mismanagement on a basic macro-economic level and fiscal irresponsibility, corrupted priorities and interests.

  • Not going to happen, might want to kill yourself now.

  • Oh My God! €1 = $1,59 like $1 = €0,62.

    So, $1,000 is only $620. So my payment is now €2,450, that's $3,895 + benefits.

    jirka86.europe, Prague

  • Keep dreaming.

  • Really? Look! Information from The World Factbook 2007:

    GDP (purchasing power parity)

    European Union $ 14,450,000,000,000

    United States $ 13,860,000,000,000

    China $ 7,043,000,000,000

    Japan $ 4,346,000,000,000

    So, who is stronger now? Europe or US? Good night and dream about rich US... LOL :D

    jirka86.europe, Prague

  • Since the EU has a gdp of 12.18 trillion Euros, actually the GDP is more like 19.24 trillion Dollars with the current excahnge rate...

  • Thanks for update.

    jirka86.europe, Prague

  • very soon United State is going to be a poor country.

  • Idiot, the rich will ALWAYS be rich.

  • is the end of dollar? damn is killing us, who wants to go in europe for vacation? i am not sure any americans is now in europe damn f**k euro

  • Thanks BUSH for ruining the United State's .

  • Is the dollar still king? Shit, the dollar ain't worth the cotton fabric it's printed on.

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