Quote:
Originally Posted by Lateralus
I'm pretty much loving the fact that the US dollar is worth less than the Australian dollar at the moment, been buying loads of stuff from America for tres cheap! 
But in seriousness, I don't really know much about the US economy but why is the US dollar plummeting so low? Is it because of debt? Or has it got more to do with interest rates? |
Its because they're printing a ****load out. Look up quantitative easing.
If I had 100, $1 bills out in circulation yesterday. And tomorrow I have 200, $1 bills in circulation, those bills are about .50 cents.