Beware of Inflation: Why Is The Euro At Par With The US Dollar? Why Should I Care?

Money Tree Investing

Money Tree Investing Podcast

Stockmarket, Valuestocks, Investing, Finance, Passiveincome, Wealth, Business, Personalfinance

4.6 • 658 Ratings

🗓️ 13 July 2022

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

The Euro is at par with the US Dollar. Huh? Should I be worried or is it ok to be confused?

You are not alone in wondering if this matters.

The answer is it does and it doesn't.

In this episode we will discuss why this matters. We discuss where it is a good thing and where it is a bad thing for the US economy. It is worth watching as it can impact your investments.

For more information, visit the show notes at https://moneytreepodcast.com/beware-of-inflation-why-is-the-euro-at-par-with-the-us-dollar

Today's Panelists:

Kirk Chisholm | Innovative Wealth
Douglas Heagren | ProCollege Planners

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Transcript

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0:00.0	Welcome to the Money Tree Investing Podcast.
0:04.0	Stock market, wealth, personal finance, value stocks, invest in your life.
0:10.0	Hello, the Smart Money Tree podcast listeners.
0:13.0	Welcome to this week's show.
0:14.0	My name is Kirk Chisholm and I'll be your host.
0:16.0	So today I'm once again joined by my good friend Doug Hagerin.
0:19.0	Hey Doug.
0:20.0	Good afternoon. Kirk, how you doing?
0:21.5	Yeah, good to have you back here. Well, we're going to be talking about a fun topic today,
0:24.9	one that please don't turn it off, but this is an important topic. And we're going to be talking
0:29.5	about the U.S. dollar and the euro. It's very important because if you want to understand how the world is going to work right now, given all the inflation going on in the U.S.
0:37.7	Don't forget that there are people outside of the U.S. boundaries.
0:41.2	I know the vast majority of this country just think that somewhere out there.
0:44.6	They're like, oh, yeah, there are other people out there.
0:46.1	We don't know who they are.
0:47.2	But people in this country have realized that the whole world is an economy.
0:51.7	And if you don't understand how the currencies work between different countries,
0:55.1	then you'd probably be confused as to whether you should invest in international or domestic
0:59.0	or what have you. So Doug, why do you kind of tell us a little bit about the recent news
1:02.4	that's got your attention here? Well, first I want to start by showing everybody what this is.
1:07.0	Yeah, well, I guess some blurring going on here, but this is called a $1 bill. And not everybody would
1:11.7	know what that is anymore, because I don't know about you. Every place I go in says they don't
	...

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