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With the United States economy pushing the value of the US dollar ever further down against the world's other major currencies such as the pound Sterling and the euro, should the USA consider adopting the euro?

2006-11-28 11:27:43 · 19 answers · asked by eurotraveller 3 in Business & Finance Other - Business & Finance

Yes. The United States is not in Europe, but there are already a number of territories outside of Europe that utilise the euro as their currency.

2006-11-28 11:35:42 · update #1

19 answers

Though i'm not a very educated person i have to agree with kattie c. The rest of the people i can't agree with, it's a matter of survival, change or die. Some South American countries are talking about changing to the Euro, so this can't be a European thing that is happening here. You posed a very good question. America says it wants to look at its intenal affairs first but has totally messed up its foreign policy, can it get worse. Fall in line with the rest of the World or die.

2006-11-28 13:24:37 · answer #1 · answered by Anonymous · 0 0

America is not going to allow change. Not long ago, the US wanted to change to the metric system. We are not part of Europe, therefore we should not try and adopt European currency. The US dollar is symbol for most that represents freedom and democracy. Why adopt currency that we wont even be able to read. When these types of questions arise, you have to give serious thought as to what the consequences will be. If we do a sudden change, this country will fall into a chaotic state. All of these years that we have spent making trillions and trillions of US dollars, will be wasted. What do you expect us to do, throw the money away in the trash. We have built a firm foundation with the currency that we have now and i don't think that we will ever change.

2006-11-28 11:39:57 · answer #2 · answered by chris 2 · 1 1

The USA shouldn't adopt the Euro. It should try running a realistic economy based upon more than an archaic wartime production models. Either that or adopt the Pound or the Rial or any number of other strong currencies.

2006-11-28 12:55:28 · answer #3 · answered by Anonymous · 1 0

I strongly agree that the U.S.A. should consider adopting the euro because currency is stonger than its original currency. for example the U.S $100 in jamaica or other caribbean countries cost $6000 so with them adopting the euro there are a better chance that the currency would increase twice as much of the U.S. currency and people would earn and get more money.

2006-11-28 11:41:34 · answer #4 · answered by kattie c 1 · 1 0

truly you jest. The Euro undergoes certain imbalance. Europe has taken to a wide-spread forex for a collective whose high quality bears something yet established. to boot to, Germany's surplus is being sought to assist different ecu states to mitigate their deficits: chief between those is Greece. would the Obama administration help adopting the Euro? 'surely no longer. 'What for? As certain because the Euro's status is abysmal, the yankee dollar no a lot less helpful houses its personal Pandora's field.

2016-11-29 21:57:04 · answer #5 · answered by ? 4 · 0 0

the united states may have to accept the euro as the leading standard currency. The usa, mexico and canada are setting up their own north america dollar.

2006-11-28 19:12:00 · answer #6 · answered by internat y 3 · 1 0

Euro is the currency for EUROPE, the continent. America is part of a DIFFERENT continent. Does that make sense to you ?

2006-11-28 11:30:37 · answer #7 · answered by Jazz 4 · 0 2

imagine all the vending machines they'd have to modify. not likely. it's nice that they've got their own currency, it makes them special. you'd also have to overdub the scripts in those westerns and replace the word dollar with euro, just doesn't have the same ring does it?

2006-11-28 11:45:25 · answer #8 · answered by Missing Link 3 · 1 1

The Euro is bad enough already without making it worse

2006-11-28 11:30:29 · answer #9 · answered by Boscombe 4 · 2 1

only in your little dream world!
The euro and the EU was one of the reason it has been created, to built a stronger economy against the US. So even if they wanted,The EU will not want them!

2006-11-28 11:34:13 · answer #10 · answered by vallotus 1 · 1 1

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