The U S dollar is not a healthy currency. The budget deficit, balance of trade deficit and unfunded liabilities are dragging it into the basement. Currently it is doing ok because interest rates are high in the U S relative to many overseas countries which has caused an inflow of money into the U S. I wonder how long that will last?
2006-10-28 13:56:24
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answer #1
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answered by Anonymous
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As a long term investment, I would say yes. There is so much nationalism in Europe that if the economies of European Union countries goes bad, there's no telling what will happen with the Euro. If countries decide to stop using the Euro and go back to a national currency, it's value would most likely begin to fall. There have been some countries who have already begun to consider it, although they probably won't actually do it.
2006-10-28 19:12:05
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answer #2
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answered by Tom D 2
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Depends on what you need it for - sometimes you feel like a USD (for buying crude oil, it's the only way to go) and sometimes you feel like a euro (doing business in the EU)
2006-10-28 21:44:15
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answer #3
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answered by forex 3
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what do I think right now, is sell Euros and buy US Dollars
2006-10-28 23:17:49
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answer #4
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answered by cabhite 2
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It's worth more and accepted in more countries so I would say it's a better currency.
2006-10-28 17:52:24
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answer #5
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answered by telis_gr1 5
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it is worth more, but the dollar is still the defacto standard currency worldwide.
2006-10-28 17:51:32
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answer #6
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answered by sdh0407 5
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Yep because you can use them in more places right?
2006-10-28 17:51:20
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answer #7
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answered by Steph :-) 3
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g
2006-10-28 17:50:35
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answer #8
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answered by morgan 1
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yes. as long as I have lots of it
2006-10-28 17:51:49
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answer #9
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answered by Anonymous
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I'll take both
2006-10-28 17:59:11
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answer #10
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answered by acid tongue 7
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