2007-12-02 22:53:41 · 4 answers · asked by RahulD 2 in Social Science ➔ Economics
What is your definition of "semi-permanent"? Back in 1900, the British pound was worth about $5...
Seriously, though, in the long-run, the only things that define the value of one currency relative to another are the differences in the rates of economic growth and inflation in their respective countries. Since we don't know what economic growth and inflation patterns are going to be in the future, we can't even begin to speculate on what's going to happen to the value of the dollar...
2007-12-03 03:31:20 · answer #1 · answered by NC 7 · 1⤊ 0⤋
According to the Bible, the dollar not be able to recover. Euro will emerge as the top global currency , and finally , a global cashless society will prevail.
American athiests, do something !!!
2007-12-02 23:08:30 · answer #2 · answered by stilot 2 · 0⤊ 0⤋
If American Corporations keep selling out the American worker for executive quarterly profits you should expect the American dollar to keep dropping and stay there. Free trade is not what it is cracked up to be when you have corporate traitors to their own country.
2007-12-02 22:59:37 · answer #3 · answered by mariee64 3 · 0⤊ 0⤋
going by fundamentals there is little hope. But US is likely to start a war and flaunt their arms to bully the world into submission.
2007-12-03 02:19:00 · answer #4 · answered by Anonymous · 0⤊ 0⤋