assuming that the values quoted in the currency markets are always seeking to establish an equilibrium reflective of a monetary unit's valuation, relative to the market in the aggregate, the relationship between two currencies representing declining economic spheres is an amorphous view of the health of either currency from a global perspective. long term government bond rates reveal more about the relative value of a currency, as viewed by potential investors in the long run assuming that all currencies are allowed to valuate ad libitum in the marketplace. On the other hand...want more?
That was the question, and I appreciate your informative response. However, I can't take anymore information or some concept of administrative law will likely seep out of my crammed full brain. Thank you though, you answered what I needed.
8 comments:
This is good news for the OHSU tram project finances since all of the parts come from Europe.
assuming that the values quoted in the currency markets are always seeking to establish an equilibrium reflective of a monetary unit's valuation, relative to the market in the aggregate, the relationship between two currencies representing declining economic spheres is an amorphous view of the health of either currency from a global perspective. long term government bond rates reveal more about the relative value of a currency, as viewed by potential investors in the long run assuming that all currencies are allowed to valuate ad libitum in the marketplace. On the other hand...want more?
Yea whatever. Does the EU even sell bonds, Mr./Mrs. pomposity?
Regardless of the 'economic health' currency prices matter. If I want to buy a kilo of cocaine in the EU, my $ goes further today. Praise be to Satan.
Ahhhh, a scientist and an economist arguing. I wonder who is more full of shit....oh, right, you're posting on a lawyer's blog. Nevermind.
All would be solved if people went back to using salt as currency.
That was the question, and I appreciate your informative response. However, I can't take anymore information or some concept of administrative law will likely seep out of my crammed full brain. Thank you though, you answered what I needed.
Yea! I like ME too! In fact, in my mind, Satan is another word for ME. Hail ME! Righteous!
amen;)
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