They are not worth less in dollar terms. The same number of dollars will still settle next months mortgage bill, or tax bill regardless of what it may or may not exchange into Euros.
And the exchange rate of barrels to tomatoes hasn’t changed as that is a productivity issue.
There is no universal chart against which value is determined. Instead there are ever moving currency zone orbits, possibly shifting financial savings around.
And the exchange rate of barrels to tomatoes hasn’t changed as that is a productivity issue.
There is no universal chart against which value is determined. Instead there are ever moving currency zone orbits, possibly shifting financial savings around.
What there won’t be is any “shortage of capital”