Article

2007-01-03 Syria-Lebanon-Iran

Iran shipping to conduct business in euros... probably

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Posted by Seafarious 2007-01-03 00:00|| || Front Page|| [11 views since 2007-05-07] Top

#1 Well if all these folks want to use Euros they are going to have to print more of them, just doing that will devalue the currency and spark inflation some what.

They want to use Euros more power to them, it makes US goods cheaper to obtain and others more expensive.

Posted by Sock Puppet of Doom 2007-01-03 00:54|| www.sockpuppetofdoom.com]">[www.sockpuppetofdoom.com] 2007-01-03 00:54|| Front Page Top

#2 Sure. Go ahead and use ~~counterfeit~~ Euros - see if we care!

Posted by Scooter McGruder 2007-01-03 01:08|| 2007-01-03 01:08|| Front Page Top

#3 the Euro has a 500.00 Euro bill [denomination] = $661.68 U.S. Dollars.

I believe this is why some enities use them, I hope this spurs our Gubmint to boost our lowly 100 dollar notes higher.

I loved the $500 bills and $1,000 bills officially discontinued on July 14, 1969. Never possesed any higher tho they went all the way to $100,000. :-)

In 1969 a $100 = 2007 $550.
or $100 2007 dollars is worth about $20 1969 bucks today.

Doncha love it when the gubmint treats us all like children. sheech...

Posted by RD 2007-01-03 06:43|| 2007-01-03 06:43|| Front Page Top

#4 As of this morning: 1 EUR = 1.3229 USD

So I say let those stooooopid turbans deal in Euros, let them do all their importing in Euros and let them buy all their necessities in Euros.

Posted by bigjim-ky 2007-01-03 08:14|| 2007-01-03 08:14|| Front Page Top

#5 Stupid Hugo Chavez is about to do the same.

Posted by Sholuger Hupomomble6228 2007-01-03 09:34|| 2007-01-03 09:34|| Front Page Top

#6 Does this ever get to the stage where shiploads of cash are delivered hither and yon, or is this more like choosing miles vs. kilometers as the measuring convention while doing calculations? Because if the latter, then it's really only a matter of pride if one's own currency is chosen -- I mean, the computers can do the currency translation calculation easily enough at the end. On the other hand, if real currency is passing from hand to hand, the inflation SPoD refers to as the Europeans print more will significantly reduce the value of the Euros being printed in Iran, right?

Posted by trailing wife 2007-01-03 11:29|| 2007-01-03 11:29|| Front Page Top

#7 Fiat money. No wonder they like it.

Posted by mojo">mojo 2007-01-03 11:55|| 2007-01-03 11:55|| Front Page Top

#8 I always thought the Lira was FIAT money.

Posted by Shipman 2007-01-03 17:02|| 2007-01-03 17:02|| Front Page Top

#9 Great, now North Korea is going to have to re-tool their entire operation to print Euros.

Posted by bigjim-ky 2007-01-03 23:08|| 2007-01-03 23:08|| Front Page Top

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