WHAT HAPPENS WHEN IT TAKES FEWER EUROS TO BUY MORE US DOLLARS?

What happens when it takes fewer Euros to buy more US Dollars? Simple, but worrisome for Americans: the value of the US Dollar goes down. This also shakes investor confidence in the USD and potentially will drive investors to the Euro since it's doing remarkably well for it's age against the USD. At the time of this writing, a single Euro was worth just under $1.13. That may not seem like much, but consider the amount of money that circulates in the world today. Billions flow from one bank account to another in many, many currencies all day long, even while we sleep. Those extra thirteen cents add up - fast and this shortcoming should be of concern to everyone in America.

In a nutshell, here's why: America rules the planet. No, it's true - America rules the planet with it's money. OPEC (Organization of Petroleum Exporting Countries) sells oil only in what are commonly called PetroDollars. These are actually US Dollars set aside specifically to be sold to other countries or companies who want to buy oil. Think of them like Amazon gift certificates but you can use them at Barnes & Noble online. The catch is, these gift certificates do represent American money. And if the US Dollar continues to lose value, OPEC may consider switching to a stronger currency to do business. Then, all that money that was being bought from the US will no longer be and the American economy will take a major hit. And when the US economy goes down, it doesn't go down alone...

Follow this link to see what the Euro is worth against the USD right now and everyday and when you see something like this: "1 USD = 1.12 Euros" instead of the other way around, you'll know the USD is back in good shape. This is because it will take more Euros to equal one USD.