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what the hell? why is the euro worth so much more than the dollar?

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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.
Thread posts: 9
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