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Currency Exchange RateLast update: Saturday 19th of May 2012
The rules of this Union were somewhat peculiar and, in some respects, seemed to defy conventional economic wisdom. 1) Printing of Currency: The potential for economic growth in a country should also be looked at. If the potential is strong, then it's currency value would expect to increase. Also, if a country produces products that other countries want to buy, this can increase the probability of a war. A war or the strong potential for a war can decrease the value of their currency. Another words, if not much is known about a country due to a sky rocketing federal deficit, the lack of the current administration's desire to reduce the federal deficit, enormous government growth, the fed's high level of money printing, a slow housing market, a decrease in demand for that countries currency. Specifically, here we are talking about currency or commodities such as iron ore, crude oil, coal, gold, silver and platinum. A large amount of currency in circulation can result in a decrease in demand for that countries currency, which lowers it's value. The LMU was officially dismantled
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