Post
Topic
Board Economics
Re: EUR might drop below USD
by
numismatist
on 12/03/2015, 02:42:00 UTC
It's pure shit seeing your currency get worth less and less.
And it will only gets worse if they keep feeding Greece billions of our money for nothing.
Some days ago I checked the rate, and it was 1.11 and today it dipped even below 1.06....
I never thought I would say this, but I am soo glad I converted a good bit of my EUR into USD a year ago at ~1.3X
The money did never arrived at the greek people on the streets, it's been merely transfered through greece country directly into blundered ballances of big banks, occacionally located at Frankfurt.

From a Bitcoin perspective we see the BTC notation rising but that might be similar to watching the waterline from a sinking ship. A mixed feeling between hooray and duh.