Re: Arabs converting to the Euro?



alfalfa@xxxxxxxxxxxx wrote:

And if you were smart you
might consider following the Arabs' example and exchanging your U.S.
dollar cash savings into Euros and gold. Although, if everyone
converts
dollars to Euros, the Euro will go downhill, as paper Euros are diluted
by
too many paper dollars.

Can you explain your reasoning here please? Selling (supplying) dollars, and buying (demanding) Euros mean the Euro will increase in value relative to the US dollar.
.

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