English Pound VS Europe Euro Vs US dollar - page 2.

Teraboy

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Quote from: mindrust on September 10, 2016, 01:03:02 PM

Pound is dead.

Euro is going to die soon and join to the pound.

USD...

USD... USD will live forever.

USD is the major currency in the SDR (%41) and with the Yuan joining to the basket in Oct 1, Euro will lose %10 of its weight in the SDR. And when the FED raises interests, parity will go below 1.

If the US is always becoming a big banker in the world and actually the another type of fiat currency will die or dominated by USD.... US is still holding the predicate of a big banker on this time.

mixan

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I was just thinking about this the other day.
Pound lost so much of it's worth and I got a hit taking it because I was holding some when the brexit hit. That was a big loss to me.
The Euro is strange because it is only valuable if all of the EU are backing it and if one fails then that currency takes a hit along with everybody else.
USD is the only one that seems to stay strong no matter what happens. It is as stable as a currency can get because of all the business that has so much backing into it even from the foreign market like China has some ties to it's success.

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Quote from: Hazir on September 14, 2016, 07:22:45 PM

Quote from: Ayers on September 14, 2016, 12:09:29 PM

Quote from: Dizaster2015 on September 14, 2016, 10:37:36 AM

I believe some of these currencies is the strongest - this is the English Pound. Even in spite of the political events of the currency stable than the others. Euro trust the least.

the usd will always be on top, it was always on top since the start of this fiat money or i'm wrong? why something else should come on top aand beat it? it has the best spread in the world, no other currency can come close

There is no currency which will be always on top. If you study history of economy more, then you will see that every generation thought they achieved economic stability which in fact was total lie.
Since beginning of time empires rise and fall, and with them their money, you think that USA will be lasting forever just because it is the only thing we know?

Quick hint: total government debt in the United States is expected to be $22.4 trillion.

The point to note that the debt of the US is denominated in USD, which they can print.

The US is leading a precarious life, but it is in everybody's interest for the US to stay stable. Instability would cause massive upheavals across the world.

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Quote from: Ayers on September 14, 2016, 12:09:29 PM

Quote from: Dizaster2015 on September 14, 2016, 10:37:36 AM

I believe some of these currencies is the strongest - this is the English Pound. Even in spite of the political events of the currency stable than the others. Euro trust the least.

the usd will always be on top, it was always on top since the start of this fiat money or i'm wrong? why something else should come on top aand beat it? it has the best spread in the world, no other currency can come close

There is no currency which will be always on top. If you study history of economy more, then you will see that every generation thought they achieved economic stability which in fact was total lie.
Since beginning of time empires rise and fall, and with them their money, you think that USA will be lasting forever just because it is the only thing we know?

Quick hint: total government debt in the United States is expected to be $22.4 trillion.

yayayo

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Quote from: mindrust on September 14, 2016, 11:51:31 AM

Trump is going to make USD great again. Hillary and her ancestors ruined USD from 2000 to 2016. Trump is there to fix their shit. Hillary is about to die anyway. She is collapsing very frequently. She is not going to last till the elections. She may even be dead by now. There is no news from her for a few days. CIA is probably searching for a fake Hillary to replace her.

That's pretty funny. I'm not sure if you are joking or not. In my opinion, neither Hillary nor Trump will be able to fix anything. The whole society is dependent on the fiat money system and that fiat system is on the verge of collapse. There is nothing that can be done about it. The current leadership is just buying time, because it's unable to solve the associated problems in a socially responsible way. When the fiat scam can no longer be sustained and is finally exposed to reality and everything must be written off, the USD will become worthless along with all the other fiat trash currencies (EUR, GBP,...). It will be a gigantic value correction and the majority of the population will have to start from zero. There is no leader that will be able to prevent this, because it's a deeply rooted problem of the monetary system the whole economy relies on.

Still I think that Trump is a better option than Hillary, because he is less attached to the banking elite and will be able to communicate things more realistically. This will be helpful in the winding-up of the fiat system.

ya.ya.yo!

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Quote from: mindrust on September 14, 2016, 11:51:31 AM

Trump is going to make USD great again. Hillary and her ancestors ruined USD from 2000 to 2016. Trump is there to fix their shit. Hillary is about to die anyway. She is collapsing very frequently. She is not going to last till the elections. She may even be dead by now. There is no news from her for a few days. CIA is probably searching for a fake Hillary to replace her.

That's one of the most hillarious posts that I've read here recently. It reminded me about Boris Yeltsin, the late president of Russia, who had been officially declared dead on April 23, 2007. When Yeltsin ran for presidential elections in 1996, there was a constant flow of rumors claiming that he had already died by that time and was replaced by a body double. When Putin came to power in 1999, these rumors had resurfaced, namely, that Yeltsin kicked the bucket on August 7, 1999...

So he may in fact be still alive and sticking around somewhere

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Quote from: Dizaster2015 on September 14, 2016, 10:37:36 AM

I believe some of these currencies is the strongest - this is the English Pound. Even in spite of the political events of the currency stable than the others. Euro trust the least.

the usd will always be on top, it was always on top since the start of this fiat money or i'm wrong? why something else should come on top aand beat it? it has the best spread in the world, no other currency can come close

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Quote from: jtipt on September 14, 2016, 11:48:31 AM

It's only usd vs euro though euro is circulated is more countries still usd is still the dominating currency currently but I can change, especially is Trump becomes president lol

This is highly debatable. The fact that the Euro is used as an official currency ("legal tender") in a greater number of countries doesn't tell us much and may actually be utterly misguiding. A lot truer yardstick in this type of argument ("usd vs euro") will be the amount of goods produced in the euro and dollar zones, respectively. Since the exchange rate of these currencies is quite close to parity, it can be completely discarded for the purpose of making a rough estimate. Thereby we could directly compare the economies of the US and the EU without adjusting for it...

And I guess the outcome of such a comparison won't be definitive by any means (€16.2 trillion vs $18.6 trillion)

mindrust

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Quote from: jtipt on September 14, 2016, 11:48:31 AM

Quote from: mindrust on September 10, 2016, 01:03:02 PM

Pound is dead.

Euro is going to die soon and join to the pound.

USD...

USD... USD will live forever.

USD is the major currency in the SDR (%41) and with the Yuan joining to the basket in Oct 1, Euro will lose %10 of its weight in the SDR. And when the FED raises interests, parity will go below 1.

Hahaha yeah you are correct to some extent. Pound is almost dead after brexit it doesn't have much value left. It's only usd vs euro though euro is circulated is more countries still usd is still the dominating currency currently but I can change, especially is Trump becomes president lol.

Trump is going to make USD great again. Hillary and her ancestors ruined USD from 2000 to 2016. Trump is there to fix their shit. Hillary is about to die anyway. She is collapsing very frequently. She is not going to last till the elections. She may even be dead by now. There is no news from her for a few days. CIA is probably searching for a fake Hillary to replace her.

jtipt

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Quote from: mindrust on September 10, 2016, 01:03:02 PM

Pound is dead.

Euro is going to die soon and join to the pound.

USD...

USD... USD will live forever.

USD is the major currency in the SDR (%41) and with the Yuan joining to the basket in Oct 1, Euro will lose %10 of its weight in the SDR. And when the FED raises interests, parity will go below 1.

Hahaha yeah you are correct to some extent. Pound is almost dead after brexit it doesn't have much value left. It's only usd vs euro though euro is circulated is more countries still usd is still the dominating currency currently but I can change, especially is Trump becomes president lol.

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Quote from: gentlemand on September 10, 2016, 05:50:42 AM

The pound is lots of fun but let's see where the UK stands in world markets post EU exit. There may not be much reason to mess around with it if we end up a third world backwater.

The Euro is a political creation. We need to see where the politics head in the years to come to know whether it's going to remain a fine bet.

The UK has independent economy policy which makes the Pound sterling an independent currency. It is better than Euro.

Dizaster2015

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I believe some of these currencies is the strongest - this is the English Pound. Even in spite of the political events of the currency stable than the others. Euro trust the least.

deisik

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Quote from: mindrust on September 10, 2016, 01:03:02 PM

Pound is dead.

Euro is going to die soon and join to the pound.

USD...

USD... USD will live forever.

USD is the major currency in the SDR (%41) and with the Yuan joining to the basket in Oct 1, Euro will lose %10 of its weight in the SDR. And when the FED raises interests, parity will go below 1

Just in case, parity is parity, and it can't be anything but 1:1. What you meant to say is obviously called an exchange rate, though I still somewhat disagree with your point that the Euro is going to join the Sterling in the afterlife any time soon. Don't know about the British "Empire" (in short, what's lost is lost), but if the EU (read Germany) changes its vector from West to East, they might have a chance after all. Look, whenever Europe goes against East (what it blindly does right now with the orders from Washington, D.C.), it inevitably gets trumped down in the end...

This is karma, and they should do something about it

mindrust

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Pound is dead.

Euro is going to die soon and join to the pound.

USD...

USD... USD will live forever.

USD is the major currency in the SDR (%41) and with the Yuan joining to the basket in Oct 1, Euro will lose %10 of its weight in the SDR. And when the FED raises interests, parity will go below 1.

deisik

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Quote from: zimmah on September 08, 2016, 06:08:11 PM

Quote from: deisik on August 05, 2016, 03:34:40 PM

Quote from: omer_parvez on August 05, 2016, 03:33:48 PM

i think euro is the future ..us is trying hard to keep the domination of us dollars and by circulating us dollars all around the world they are keeping their economy strong so that they can keep hold on different poor or needy countries and due to this policy they invaded iraq syria and libya and all other countries to keep the domination of us dollar and now iran is challenging us by trading in euros so euro is the future of trading Cool

Swiss franc is the future. Has always been and will always be. Euro is a handy euphemism for Reichsmark, never ends well

bitcoin is the future, well, at least for as long as the current world lasts anyway.

fiat has no future at all.

Fiat will be there as long as there are states as we know them. It is just another aspect of the state and its centralized nature. Gold when it was money certainly stood out of the picture, therefore it was only a matter of time when the state would get rid of it as money. Now we are leaning towards even more powerful states (in terms of control over population) or just one global superstate...

I gather it will hardly give up fiat as a means of control voluntarily

Carlsen

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Quote from: davis196 on September 10, 2016, 06:45:12 AM

Quote from: omer_parvez on August 05, 2016, 03:33:48 PM

i think euro is the future ..us is trying hard to keep the domination of us dollars and by circulating us dollars all around the world they are keeping their economy strong so that they can keep hold on different poor or needy countries and due to this policy they invaded iraq syria and libya and all other countries to keep the domination of us dollar and now iran is challenging us by trading in euros so euro is the future of trading Cool

European economy isn`t growing and the EU might collapse.

I think that the Chinese currency is the future.

USA is still strong but anything could happen ,if Donald Trump becomes president. Grin

I think China is bubble. According to goldman sachs they make new depts every year of about 13% of their national output.
Even greece only managed to reach such a level at the top of the global finance crisis. That will not work for ever.
Europe has potential, the question is if they can show a little bit more unity.
At the moment there is nothing else but the dollar to be considered as the most important currency. And bitcoin of course.

davis196

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Quote from: omer_parvez on August 05, 2016, 03:33:48 PM

i think euro is the future ..us is trying hard to keep the domination of us dollars and by circulating us dollars all around the world they are keeping their economy strong so that they can keep hold on different poor or needy countries and due to this policy they invaded iraq syria and libya and all other countries to keep the domination of us dollar and now iran is challenging us by trading in euros so euro is the future of trading Cool

European economy isn`t growing and the EU might collapse.

I think that the Chinese currency is the future.

USA is still strong but anything could happen ,if Donald Trump becomes president. Grin

gentlemand

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The pound is lots of fun but let's see where the UK stands in world markets post EU exit. There may not be much reason to mess around with it if we end up a third world backwater.

The Euro is a political creation. We need to see where the politics head in the years to come to know whether it's going to remain a fine bet.

asuryan180

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It's not easy to say,these are all currencies that have theirs pros and cons and it depends on a lot of things,you can't say which is best

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Quote from: Gahs on September 09, 2016, 04:07:24 PM

The Euro will come back strong, just you wait. The days of US dollars are numbered, enough of funding wars and letting innocent people die just to keep the demand for USD high.

I don't think so. Strong Euro is a facade. Europe is weaker with every passing year. They political influence is shrinking, they can't find a solution to end internal migrant crisis.
Not to mention they are weaker economically. They are losing global hegemon position alongside U.S. in favor of Russia and China.

Euro as a currency might seem stable now, but I wouldn't be so sure about its strength in 2-5 years.

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