Quote:
Originally Posted by Coatsy
Its not total bullshit, as soon as the euro was formed it became a threat to the dollars supremacy as the only currency for trading oil. Why do you think so many european countries movied over to the euro, there had to be a huge financial incentive to do so
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Gee I dunno, maybe they moved to the Euro because the whole fucking point of the Euro was to make it easier for EU nations to trade amongst themselves.
And it is total bullshit, your statement that the dollar has been falling since the introduction of the euro. All it takes is a simple line graph to prove that you're full of shit.
Also, as far as oil is concerned, the idiots in Iran are the ONLY people who have ever publicly mentioned trading oil for euros, and that's only because they hate the U.S., it has nothing to do with the dollar's value relative to other currencies