Why is the Euro more valuable than the dollar?

Why is the Euro more valuable than the dollar?

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en.wikipedia.org/wiki/Exorbitant_privilege
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Easy when you don't let people examine the books.

The real question is why isn't it higher than it is.

>1 country vs 1 continent
pretty pathetic desu

Because a low dollar is better.

1.17>1.00 you stupid germanistani

USA
USA
USA

>you

Because you don't have to worry about any military spending, since daddy America does it for you. So you get to splurge all your cash on other shit and live an artificially inflated lifestyle.

Is America getting cucked by Europe?

Because nobody expects the EU to police and feed the world.

That's not the argument here. Stick to the argument, you low sexual market value nigger.

Thanks to NATO, "daddy America" has called us into all their Arab wars and forced us to spend a fuckton of money on mobilizing our military every 4 or so years to bomb the targets that the am*ricans order us to bomb. We have yet to use them as an ally and call them in our wars, as we don't have any

Stop spreading this shit meme that the US is paying for our defense. We're paying for their offense.

Are you saying that enjoying an artificially inflated lifestyle at the expense of another country doesn't meet the criteria for "being cucked"?

>1.17>1.00 you stupid germanistani
>USA
>USA
>USA

Honestly, I wanted to retract my statement immediately after typing it. You, and him are right - as long people are being "cucked" the higher dollar is not worth it. My apologies (nigger).

>he higher dollar

But it isn't higher.

cause at the time of introduction, its value was set to be higher than that of the dollar at the time, with an exchange rate with previous european money to be roughly equivalent all-around
It inflated because the EU internal trading offset exports/imports of extracommunitary countries greatly, but then it's coming back down because regulations are making such imports/exports harder, so there's a need for import/exports to other countries to cover for it, making it easier by reducing the value of the euro.

>this dumb nigger thinks a couple airstrikes is anywhere near the cost of upkeep for a cutting edge army and its tech
Son, you can't go around acting this retarded. If America decided tomorrow to just withdraw all their power from Europe, you would be conquered by Africans with spears. You literally don't have armed forces.

>reducing the value of the euro

The Euro's value is higher than the dollar's.

>You literally don't have armed forces.
Germany was quite literally disarmed by treaties in 1933. 7 (seven) years later, it was the strongest land power of the time

it used to touch around 1.43$ not even 3 years ago
Oil prices helped fuck the € pretty badly

pls stop larping with your shitty vpn and go back to eating your walmart-brand cereal.

Because when you first create a currency you can make it worth whatever you want. Europe made it worth more than USD, that doesn't mean Europe has more money than US (idk though it maybe has).
For example some countries might introduce new currencies, making 10000 coins worth one coin. Nothing really changes but it looks better.

What matters isn't the initial values of the currencies but the relative changes of their values.

Because underlying data doesn't determine price market manipulation does

Buy crypto currencies now, Litecoin will have great returns by mid to late august

bruh just shut up and read a book...
france and finance... complete nonsense

Not a whole continent. Eurozone population is 341 millions against US 323.
How is it good for a biggest consumer in the world?

>How is it good for a biggest consumer in the world?

ssssssht, dont tell them

Right after you take that vegemite-lubed emu cock out your ass. M

That is the point. It was created to be from the inception and carefully maintained to sustain it. The same reason china keeps theirs undervalued and the US relies so heavily on oil being traded in usd. Of the three major powers that exist today the eu has the lowest percentage of exports in their economy. They have more to gain by a strong currency so that has been their goal. Every once in awhile accurate valuation rears its ugly head but in todays regulatory environment it is completely manageable.

go pump and dump somewhere else nerd

because they printed less of it, genius

show your flag faggot LARPer

>This thread

Shart marters on suicide watch lmfao

pay you denbts, rich boy
2%

2015 export Worldwide
EU 15,8%
USA 11,4%
Chinks17,2%
2015 import Worldwide
15,9%
17%
12,4%


You fucktards import way more that you export.
Even an Ukranian knows thats not a good thing with a weak dollar

Lol your interest rates are in the negatives and you're still at

>tfw the EU is so unstable people run to us treasuries

please keep fucking up europe hans, we're making a killing

>why is the pound more valuable than the Euro
Fuck off retard, a more valuable currency isn't a good or bad thing.

>tfw you put a dindu in charge of your country's finances

It will be 10 USD to 1 EUR in 5 years

They can literally export dollars, doesn't matter.
en.wikipedia.org/wiki/Exorbitant_privilege

Real question, how did the euros establish the weight of their currency whenever it was decided?

the dollar isn't weak though you retarded poorfag

Do you honestly believe that could happen with the current Germany?

Probably because the US keeps printing copious amounts of new dollars every year. Not to worry though, I'm sure Merkel will find a way to crash the entire currency soon and even if she doesn't it'll probably happen when the EU finally collapses.

Because the Dollar has lost it's value 100 years ago

Who gives a shit. We should be excited that aussie dollar is at its highest since can't remember.

It did manage to happen when Germany was far worse than the current one (i.e the degenerate capital of the world). Everything is possible.

ofc not but a stronger one would be better
You just cant afford supporting it and the fundamentals dont show it should be stronger.

>reeeee our interests are higher but we are somehow better

Trade balance, monetary policy setting inflation and money creation, etc.
Assuming all currencies have similar inflation and the world buys 100$ worth of German cars while Germany buys 90$ worth of potatos from the world the German currency will increase in price comapred to the rest of the world, essentially supply and demand like everything else.
Much more complicated than that but that's the general idea.

So what is the ECB doing?

361.900>1.00 you stupid amerilard

ZIM
BAB
WE

Why is bicoin worth more than the euro and the dollar?

Exchange rates are meaningless because you can just change the monetary supply. Zimbabwe could have a currency for which one unit is worth more than a dollar or a euro.

You care about CHANGES of currency exchange rates and GDP in total.