4 ms·
Considering oil is priced in USD it will cost more euros to buy it. The USD is also the global reserve currency and it’s more expensive for a European to partic
by nemo44x 4y ago
Considering oil is priced in USD it will cost more euros to buy it. The USD is also the global reserve currency and it’s more expensive for a European to participate than ever before in the Euro era.
On the other hand it’s a great time for Americans to travel to Europe. Americans have for decades been relatively wealthy compared to Europeans but today are considerably so.
If you’re a Euro planning a trip to Disney, it’s very expensive right now.