USA #1 Olympic team atm

[AzzarTheGod]

Originally Posted by entruil [You must be logged in to view images. Log in or Register.]

Reserve_Bank_of_Australia

'The float of the Australian dollar happened in 1983, around the same period of time that the financial system in Australia was deregulated.'

Floating_exchange_rate

'A floating currency is contrasted with a fixed currency whose value is tied to that of another currency, gold or to a currency basket.'

Uh so Australian can only float their currency because of the stability of the British Pound and/or American Dollar and fixed charity exchange rate to enforce the value

[AzzarTheGod]

Without an enforced fixed exchange rate, the AUS would tank.

[BallzDeep]

You need to be looking at GDP per capita.

[entruil]

Not really sure, I just took inventing money as printing money and looked up Australia's central bank.

[AzzarTheGod]

Originally Posted by entruil [You must be logged in to view images. Log in or Register.]

Not really sure, I just took inventing money as printing money and looked up Australia's central bank.

I mean their numbers look good compared to the US on paper, but those aren't determinants in the weight of your currency.

The AUS has been getting Candy Crowley style help

[entruil]

yea not comparing... US + fiat currency > anything any other financial debt driving system in history... just pointing out that they do too...

[entruil]

minus anything *

[wiggleroom]

I like my politics from cnn.