Quote:
Originally Posted by mr merlin  I saw a report that the dollar is at its lowest point in 12 years, hmmm,I wonder why it was so low during the clinton administration? Was it because he trashed the economy and ruined america? Or maybe its because these things run in cycles? |
mr merlin,
That report must be a figment of your imagination,since the Euro was only introduced in 1999,the last year of the Clinton presidency:
The euro was introduced to world financial markets as an
accounting currency in 1999 and launched as physical
coins and
banknotes on
1 January 2002. It replaced the former
European Currency Unit (ECU) at a ratio of 1:1.
source:
Euro - Wikipedia, the free encyclopedia
Meanwhile here's an artist's conception of new US currency that might be needed in the near future to buy a loaf of bread:
