Menu
Forums
New posts
Search forums
What's new
New posts
New profile posts
Latest activity
Vault
Time Travel Schematics
T.E.C. Time Archive
The Why Files
Have You Seen...?
Chronovisor
TimeTravelForum.tk
TimeTravelForum.net
ParanormalNetwork.net
Paranormalis.com
ConspiracyCafe.net
Streams
Live streams
Featured streams
Multi-Viewer
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Navigation
Install the app
Install
More options
Contact us
Close Menu
Forums
Paranormal Forum
Conspiracies & Cover-ups
Money, Banking and the Fed
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Unintentional" data-source="post: 7378" data-attributes="member: 22"><p><strong>Money, Banking and the Fed</strong></p><p></p><p>I have a quick question. When the Euro first came out, it cost $1 us dollar to buy one Euro. It now cost $1.30 us dollars to buy one Euro. Doesn't that mean in terms or Euros our deficet has gone down 30%?</p><p></p><p>Let me restate that. Let's say our deficit was 1 triillion US dollars or Euros when the Euro fist came out. Now it is still 1 trillion dollars in US dollars (asuming no increase or interest of anything), but only 0.769 trillion Euros. Is there someway we, or the U.S., can cash in on this?</p><p></p><p>It seems to me, if we converted our entire National Debt to Euros when the Euro fist came out, we could have paid off 30% of by doing nothing but riding the Euro.</p><p></p><p>As of the time of this post 1 EUR = 1.32918 USD. Quick! Hurry and buy some Euros! 30% return seems darn good!</p><p></p><p>Sure is colorful money though.</p><p><img src="http://www.linux-magazin.de/Artikel/ausgabe/2002/01/euro/euro_aufmacher.jpg" alt="" class="fr-fic fr-dii fr-draggable " style="" /></p></blockquote><p></p>
[QUOTE="Unintentional, post: 7378, member: 22"] [b]Money, Banking and the Fed[/b] I have a quick question. When the Euro first came out, it cost $1 us dollar to buy one Euro. It now cost $1.30 us dollars to buy one Euro. Doesn't that mean in terms or Euros our deficet has gone down 30%? Let me restate that. Let's say our deficit was 1 triillion US dollars or Euros when the Euro fist came out. Now it is still 1 trillion dollars in US dollars (asuming no increase or interest of anything), but only 0.769 trillion Euros. Is there someway we, or the U.S., can cash in on this? It seems to me, if we converted our entire National Debt to Euros when the Euro fist came out, we could have paid off 30% of by doing nothing but riding the Euro. As of the time of this post 1 EUR = 1.32918 USD. Quick! Hurry and buy some Euros! 30% return seems darn good! Sure is colorful money though. [img]http://www.linux-magazin.de/Artikel/ausgabe/2002/01/euro/euro_aufmacher.jpg[/img] [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Paranormal Forum
Conspiracies & Cover-ups
Money, Banking and the Fed
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.
Accept
Learn more…
Top