2300 euros to dollars is a pretty good exchange rate for the prices you might find in the U.S. I’m no economist and this wouldn’t be the best way to gauge what is a fair exchange rate.
I’m sure there are plenty of people who will disagree with my analysis, but I don’t believe the exchange rate to be the best method of gauging the value of an exchange. The exchange rate is a measure of how much a currency is worth to another country. For example, I have a dollar with a value of $1.10 to my bank account in the U.S. The exchange rate would be the value of my dollars to dollars.
While I don’t consider the exchange rate to be the best gauge of what is a fair exchange rate, I am not the biggest fan of the United States dollar. When I compare the U.S. dollar to other currencies, it is often times more expensive then other currencies I know. In the case of the U.S. dollar, I do have a number of reasons to hate it. One of them being the fact that the U.S.
government has been so desperate to be seen as being “responsible” in terms of currency creation, and all it has really done is create a system of inflation that is so incredibly detrimental to the country that I wouldn’t trust the government to create any more money in my lifetime.
I could go on, but I’m sure you get the point.
The reason I have such a problem with the U.S. dollar is that the government has been so desperate to be seen as being responsible in terms of currency creation that they’ve basically created a system of inflation that is so incredibly detrimental to the nation that I wouldnt trust the government to create any more money to create more money for the government to spend. As an example, the reason the U.S.
currency is so bad is because they’re so desperate to be seen as responsible at the U.S. government level.
Thats right. The U.S. government is so desperate to be seen as responsible at the U.S. government level that theyve created a system of inflation. It was created in 1982 by President Ronald Reagan, and the way it works is that if you spend $20 on a gallon of gas, youre effectively giving the government $20 in interest, which they then pass on to the next American consumers. As a result of this the U.S.
government is now spending more money on things it doesnt need. From the IRS to the mortgage industry to the government-sponsored health care system to the Federal Reserve, the U.S. government is constantly increasing its spending. And so we have the ongoing problem of “pending.
All this spending is making America less and less competitive overseas. It means that the U.S. government is spending more money on itself than it needs. This spending is creating more and more debt which is causing the U.S. government to run out of money faster and faster. As for the mortgage industry, this means that the U.S. government is not only borrowing more money from the banks but also is lending more money to the banks too, which is causing the U.S.