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What else can I help you with?
What currency can be used if us dollar collapses?
This question is hard to answer because there are too many scenarios. I list a few:Gold or Silver backed dollarFiat dollar againGold and Silver (short term)World currency (Unity, Bancor, ...)Digital money (chip)In case of a US dollar collapse its very likely that all banks default as well. I would not speculate that any other currency (like Swiss franc) would be accepted anywhere.
What is the lowest currency of the world?
probably would be a dollar
How would Chinese economic collapse affect dollar?
China supports the value of the dollar by buying US Treasury bonds. If China had an economic crash then they would likely sell off their Treasury holdings (2 trillion worth) to keep their economy going. This would flood the bond market with T-Bills and collapse the value of the dollar. The government is creating so much money, borrowing so much, the dollar will collapse soon. This is why gold is up, it is a safe currency that cannot be devalued. It always retains its value, its nominal value merely fluctuates in relation to the value of paper/fiat currencies. Buy gold.
What would the exchange rate be on fractional currency?
First, the term fractional currency is used in relation to a main currency - the U.S. dollar or the euro, for example. A fractional type of currency is oftentimes 1/100 of the main currency. It simply depends on what you are converting to. For example, one dollar would be equivalent to 100 cents.
What is the official unit of currency in the US?
That would be the dollar. It is also known as the USD or United States Dollar.
How do I compute a foreign currency exchange?
First you will need to find the country you will be exchanging currency with. Once that is found, you will simply transfer dollar for "dollar". A bank can do this for you. If you wish to do on your own, I would suggest a currency converter. They are normally accurate.
What would happen if the US dollar became worthless?
If the US dollar became worthless, it would lead to severe economic turmoil, including hyperinflation, loss of savings, and a collapse of consumer and business confidence. The value of assets would plummet, leading to widespread unemployment and social unrest. International trade would be severely disrupted, as the dollar is a key global reserve currency, causing ripple effects across the global economy. Ultimately, the U.S. government would need to implement drastic measures to stabilize the economy, potentially including a new currency or significant financial reforms.
If santa stopped for snacks what national currency would he use in Canada?
If Santa stopped for snacks in Canada, he would use Canadian dollars (CAD), which is the national currency. The Canadian dollar is symbolized by the dollar sign ($) or sometimes as C$ to distinguish it from other dollar-denominated currencies. Santa would likely enjoy sampling local treats while using this currency for his purchases.
Could the US economy collapse from a free-falling dollar?
No, as a matter of fact, a falling value for dollars against other currency is actually good (at least for the US) since it makes export cheaper and for a country with rich natural resources (like US), decreased value in the currency doesn't increase prices (since it doesn't have a need to import raw materials.) However, this policy can make countries go into "currency wars" and yes that would be more likely to cause the WORLD economy to collapse.
How do you spell 3000 dallars?
If you mean the currency (dollar), it would be "three thousand dollars."
What is the currency for Hawaii?
Hawaii uses the American Dollar. Because it is an American State, it is only logical that it would use the same currency as the rest of the country. All states, such as Virginia and California, use the Dollar.
What is 1 Canadian dollar worth in American funds?
If you exchanged one Canadian dollar for US currency, you would receive one US dollar.
