Question:

Why is the dollar rising in europe?

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right now?

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3 ANSWERS


  1. Europe is going down the tubes and I wouldn't be surprised if you start seeing EU nations dump the Euro and returning back to having their own Central Bank. Italy back to the Lira, France back to the Franc, Germany back to the Mark, and so on...

    The Euro is killing Europe.


  2. Guess what.... europe's economy is slowing.

    Low dollar value means more export for US goods and services rendering europes goods to be less compettitive with US thus hurting their growth.  

  3. Many of the world banks over the last few weeks have purchased US dollars to hold in reserve. This has given a false reading to the US economy meaning that even though unemployment is rising, inflation is high, and indicators that we are in a recession are present, dollar value has risen. The Fed has resulted in creating money out of thin air with short term loans to the banks and the lowering of interest rates. Only way to stop the rising oil, gold, silver, and commoditiy prices is to basically get large banks in Europe to buy up dollars. Personally I believe they are doing this as a way to lower the price gold, silver, and other precious metals to consolidate them and keep the public from owning to much of it. Its the calm before the storm, the US markets are getting ready to crash and crash hard.

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