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Can the €URO surpass the DOLLAR? - VisualPolitik EN
Posted
October 28, 2018
Views
437,120
Likes
9,253
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October 28, 2018
437,120
9,253
1,707
2.51%
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14:19Now PlayingThe Euro is a strange animal amont the currencies. It does not represent a single country but several of them instead: all the members of the so-called Eurozone. So different economies have made so many famous economist such as Milton Friedman or George Soros have severe concerns about the future of this currency.
During the financial crisis of 2009, many suggested the possibility of two different euros: a strong one for the rich EU countries and a weaker one for the poor, southern ones.
Nonetheless, far from having disappeared, the Euro is one of the most stable and most commonly used currencies in the world. 30% of the international trade is done with it. And the European Central Bank has demonstrated to be as responsible as the American Federal Reserve
But… Could the EUR substitute the USD as a reserve currency? What are its advantages against other currencies like the Chinese Yuan? In this video, we will answer to all of this questions.
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