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❕NEWS Euro suffers just as much as the dollar

AudraMiller

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There are many Fiat currencies that are currently experiencing a crisis in the sense that they are losing the buying power of the Fiat currency. This is to be expected considering the inflation rates that most of the countries globally are experiencing as well as the recent pandemic which has plunged people further into this recession period. However it is not only the US dollar that is suffering but also other European currencies such as the euro. It is believed that the Euro has lost over 30% of its value over the last two decades. It is believed by many analysts that this will drive more people to Investments within bitcoin and cryptocurrency. What are your thoughts on this?
 
Dollar seems to be regaining its value lately though though don't really know yet as to how much of its value it can regain as many are still doubting dollar
 
Dollar seems to be regaining its value lately though though don't really know yet as to how much of its value it can regain as many are still doubting dollar
For the time being, the dollar might see some temporary regaining of its momentum, but the long-term perspective largely remains bearish. That is same in the case of Euro.
 
The present inflation in the world has affected virtually every country and this is something that is disturbing . The world need to be able to devise a means to fight inflation faster
 
I think the pandemic contributed to the decline also , but this would surely make many invest in crypto so that the value of their investment wont just drop further like that
 
There are many Fiat currencies that are currently experiencing a crisis in the sense that they are losing the buying power of the Fiat currency. This is to be expected considering the inflation rates that most of the countries globally are experiencing as well as the recent pandemic which has plunged people further into this recession period. However it is not only the US dollar that is suffering but also other European currencies such as the euro. It is believed that the Euro has lost over 30% of its value over the last two decades. It is believed by many analysts that this will drive more people to Investments within bitcoin and cryptocurrency. What are your thoughts on this?
It seems it a global thing then because a lot of fiat currency are losing their value. Just like the naira of my country ours is just so bad that it is almost useful when it comes to purchasing power. Quite appalling
 
Whenever there is an impact on the European markets it suffers and crashes but dollar is accepted in more countries so its stabker than it
 
The two prices of the world leading fiat currencies is subject to some level of volatility. It can fall at same time too rise, we shouldn't be surprise cos I am not.
 

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