The U.S. Dollar vs. The Euro - Page 4 of 9

I am not sure that the recent making of lots - Page 4 - Politics, Business, Civil, History - Posted: 28th Mar, 2009 - 1:00pm

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Which one is going to rule the world economy?
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  • Post Date: 11th Feb, 2009 - 2:59am / Post ID: #

    The U.S. Dollar vs. The Euro
    A Friend

    The U.S. Dollar vs. The Euro - Page 4

    I think farseer said something about the FDR not being part of the US Government but they seem to get first dips on the cash and leaving the little man out.Please answer that anybody?

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    12th Feb, 2009 - 7:03am / Post ID: #

    Euro vs Dollar US The

    That's right - the Federal Reserve Bank is NOT part of the US government. It is a private bank that loans money to run the country, and other private banks, and charges interest on it. The European Central Bank is the same set up, as is whatever the bank is in the UK.

    Prime interest rates are set by the Fed (and its sister banks overseas), as you often hear in the news going up or down -- mostly down, lately, to the point there isn't much room left to give.


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    Post Date: 12th Feb, 2009 - 12:13pm / Post ID: #

    The U.S. Dollar vs. The Euro
    A Friend

    The U.S. Dollar vs. The Euro History & Civil Business Politics

    Thats a major problem I'm finding trouble grasping what would happen if it continues to go down will we go into depression?

    14th Feb, 2009 - 6:31am / Post ID: #

    Page 4 Euro vs Dollar US The

    We're already in a depression, SquallLeon. There are several threads here discussing it, and many sites dedicated to financial trends all over the web. That hasn't much to do with the Fed, although their practices are rather shady. IMO


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    Post Date: 15th Feb, 2009 - 5:14pm / Post ID: #

    The U.S. Dollar vs. The Euro
    A Friend

    Euro vs Dollar US The

    In all fairness I beleive if the Economy keeps going the way it it Our money will become obsolete.

    Post Date: 23rd Mar, 2009 - 8:58pm / Post ID: #

    NOTE: News [?]

    The U.S. Dollar vs. The Euro

    U.N. Panel Ways World Should Ditch Dollar
    By Jeremy Gaunt, European Investment Correspondent

    A U.N. Panel will next week recommend that the world ditch the dollar as its reserve currency in favor of a shared basket of currencies, a member of the panel said on Wednesday, adding to pressure on the dollar. Ref. Source 8

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    Post Date: 28th Mar, 2009 - 12:46pm / Post ID: #

    NOTE: News [?]

    The U.S. Dollar vs. Euro - Page 4

    U.S. Vows To Sustain Dollar's Dominance
    By Tomoeh Murakami Tse

    Treasury Secretary Timothy F. Geithner said Wednesday that the United States would do whatever it takes to make sure the dollar would remain the world's dominant reserve currency, clarifying comments he had made earlier in the day that had caused the greenback to fall against major currencies. Ref. Source 2

    Post Date: 28th Mar, 2009 - 1:00pm / Post ID: #

    The U.S. Dollar vs. The Euro
    A Friend

    The U.S. Dollar vs. Euro Politics Business Civil & History - Page 4

    I am not sure that the recent making of lots of US currency is going to keep the dollar as a major contender in the worlds money. I have the feeling that if we keep printing money the dollar is going to fall a lot more.

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