Recently a load of countries like venezuela (lots of oil) have been switching from say the bolivar - USA dollar conversion and now to the bolivar-Euro. What does this mean for the USA economy? I dont really understand what significance this means for either currency. I dont pretend to be an expert on this, so could someone explain to me what it's benifits are? Regards......BelgoHead
ha ha, i don't know. Do you think it means anything? tbh i don't know why it ever really means anything. sorry.
It means the US currency joins the rest of the world currency in trade, forcing Americans to produce as well as consume.