Euro currency is unstoppable

euro currency is unstoppable

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Euro raped Lira and Ruble in the ass

No thanks to you...

you mean turkish lira or what?

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Where’s our 20% inflation? Oh wait..... our currency is too powerful to be subject to such petty laws as monetarism lol

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Yep

Since Italian Lira doesn't exist and Georgian Lari was fucking dead long ago

is a strong euro good or bad

bad if you produce stuff for export , good if you have money already.

Bad, losing out on competitivity in the times when selling shit is really important aka postkorona. The jews are playing 5D chess again. Iphones will be at an all time low as will everything american, their economy will strive. DAMN YOU GOLDBERG

Remember the good old days when 1€ =$1.50

I'm not getting it. Isn't the ECB printing a lot of new euros?

others are printing much more.

strong currency = high gdp
weak currency = low gdp

Wonder how much of that is real demand vs default swaps expiring


They might weaken it again desu a weak euro is good for exports

is it good for my denbts? i have 12k in student denbts and 4k conscuumer denbt
i'm a brainlet in economics

fake and low iq germanpilled

cope

Then Oman is world leader

>12k in student denbts
are you an amerishart or what?

Next global economy right here

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wat
oman is tied to the usd just like all gulfies

No inflation (weak) is good for debts as it’s worth less deflation (strong) means the debt is worth more

Think of how much long you’d have to work to pay it back if you were making what you made 5 years ago

thats simply not true,if your economy is export driven, a weak currency will boost your gdp.

i didn't want to live as a poorfag

More and more people have cost of living loans while at uni that’s becoming normal sadly

nominal gdp is like 99% currency 1% gdp growth
also explain this to a brainlet, if your exports become cheaper and you export more, don't your imports also become more expensive so that evens things out?

>euro currency is unstoppable
US is going to collapse soon, that's why dollar is so weak.

Why does China devalue their currency? I thought that strong currency is better?

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If you export than you import then weak currency is good
If you import than you export then weak currency is bad

We devalue ours a lot too user

Look at how low interest rates are

>1.17
i remember when it was 1.35 lmao

to give them export advantage and hopefully kill competition

yeah explain this then

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