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Why are Euros stronger than the US dollars?

By kool Asked Aug 16 2009 3:09AM
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Top Answer out of 5

by JanZizka on Aug 16, 2009 at 3:22 am Permalink

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THough also a fiat currency like the US dollar, they EU hasn't been playing (or at least not to the same extent) the fun little game that the US has of running up a mindbogglingly high deficit, printing money with no backing to back that deficit, and (most recently) monetizing the debt (Federal Reserve's recent purchases of Treasuries).

I expect the Euro will remain stronger than the USD for sometime and will likely even gain ground when inflation (thanks to debt monetization and overprinting of money) strangles any economic recovery.
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Answer 2 out of 5

by Evil Genius on Aug 16, 2009 at 3:20 am Permalink

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cosidering the Situation in usa , the euro is stronger and it seems it will be the same way for some time now
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Avatar celticmoonlight Aug, 16 2009 at 07:13 PM
comment stealer! :p

Answer 3 out of 5

by AIR_INDIA_says_Wass_Up on Aug 16, 2009 at 3:10 am Permalink

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cosidering the Situation in usa , the euro is stronger and it seems it will be the same way for some time now
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Answer 4 out of 5

by easye33 on Aug 16, 2009 at 7:10 pm Permalink

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There is a larger work force that uses the European dollar then American.
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Answer 5 out of 5

by Pleasureman69 wears a COAT of friendship on Aug 16, 2009 at 7:08 pm Permalink

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This one is easy - The Fed has it's printing presses running non-stop to pay for the debt. If you can, try reading "The Creature from Jekyll Island" and hopefully you have a little gold set aside in case hyper-inflation sets in; and that is a real possibility
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Why are Euros stronger than the US dollars?

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