DislikedEconomics 101 and simple supply and demand would tell you that a mountain of freshly-printed greenbacks flooding the markets is bad for the USD.
That being said, I would agree with awsl's comments. The financial problems have undoubtedly arrived on the EU's shores. The ECB does not have the tools the FED does in America. The ECB does not have a federal budget nor does it have The Treasury to look to for fresh bills, when needed. Their mandate is different then that of the FED in America as well so, yes, on the surface, the crisis could become much worse in the eurozone and have a greater negative impact. These are just my observations, nothing more. I am certainly not an economist nor an expert.Ignored
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