Anthony asked in Social ScienceEconomics · 1 month ago

Does the US dollar literally by a cent make more sense than a Euro or Pound?

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  • Ray
    Lv 6
    1 month ago

    The Japanese yen is worth pennies yet Japan is wealthier than any economy in Europe, and its economy is almost twice as large as the UK's economy. 

    Monetary policy determines a currencies worth, not the health or size of said economy. 

  • Oiy
    Lv 6
    1 month ago

    The Euro is stronger than the US dollar. And the Pound is stronger thanthe Euro. It is all about the monetary policy.

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