what the hell? why is the euro worth so much more than the dollar? I thought america was the best but they can't even beat the europoors spending power. can't even beat canadian or australian dollars ffs. wtf happened? why is the dollar worthless
>>78158055
Because of the Deutsh Mark
it used to be worth waaay more before the greek crisis
like 1.5:1 and over
It's not that sensible considering that americans have higher wages after taxes and consequently higher purchasing power
Are you really comparing nominal currency values? You know the value itself means nothing, right? It's their fluctuations what matters.
>>78158125
better quailty of life in Europe
>>78158125
> payimg taxes at all
The USA is an import economy, so it's important for them to have an expensive dollar. Instead it's cheap.
The EU is an export economy, so it's important to have a cheap euro. Instead it's expensive.
Woah, the governments really know what they are doing. The best minds on the planet are working on it 24/7.
>>78158110
??
The whole reason why the Euro is so beneficial to Germany is that its price doesn't sky-rocket like a DM would.
>>78158055
OP stop reinforcing stereotypes, the price of a currency doesn't tell you about how strong a country is. The Latvian Latas was worth about twice as much as the USD.