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Old 08-04-2005, 05:38 AM   #1
pythonx
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Any economists in here who can predict....

When $1 will become equal value to 1 euro ?
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Old 08-04-2005, 06:32 AM   #2
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Hahahahahha
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Old 08-04-2005, 06:33 AM   #3
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I think Thomas van de Koch knows George Soros so you can ask him
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Old 08-04-2005, 06:39 AM   #4
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It prolly wont ever. USA has inflated the money supply so much over the past 2 years that I'm surprised 1 euro isn't = to $2 USD.

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Old 08-04-2005, 11:12 AM   #5
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2008?

Notwithstanding my B.S. in Economics (I also have a Master's in Public Administration, and have supervised brokers trading currencies and options on currencies), I am not qualified to "predict", but can only guess --- I'll take a stab at it by "guessing" it'll happen in 2008.

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Old 08-04-2005, 11:14 AM   #6
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Quote:
When $1 will become equal value to 1 euro ?
Probably when hell freezes over..
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Old 08-04-2005, 08:22 PM   #7
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I really don't think its will ever happen.
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Old 08-04-2005, 08:27 PM   #8
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thats a tough one but it will take some time
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Old 08-04-2005, 08:31 PM   #9
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I'd say in 3-5 years. Will it stay that way? That is the real question.
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Old 08-04-2005, 08:35 PM   #10
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When the US had the deficit under control 1 dollar was worth more then 1 Euro. Either Europe had to go into serious debt or the USA needs to get its debt under control. When that happen they will swing past each other again.

I?d say it will be about 5 to 10 years after Dubya?s way of life leaves office but that?s only if his brother doesn?t get elected.
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Old 08-04-2005, 10:59 PM   #11
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Quote:
Originally Posted by High Quality
It prolly wont ever. USA has inflated the money supply so much over the past 2 years that I'm surprised 1 euro isn't = to $2 USD.

I agree. Until the deficit gets under control, the chances of it hitting 1:1 is slim to none. It would definately be after this administration ends, since one of the benefits of a stronger US dollar traveling outside the United States. The current administration wants to keep you from traveling the world and seeing it's rather nice outside it's borders.
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