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> It was "intended" when the price was originally set. The goal was that the European economy would keep its ratio to the US roughly the same.

This is just a baseless assertion you’ve made repeatedly. You should provide some source and be a tad less aggressive about it if you want to be convincing.



I'm no expert here, but was interested in why EUR has always been somewhat close in value to USD instead of being worth a lot more or a lot less, so I tried to look it up. EUR was set 1:1 to a previous unit of account (not a circulating currency) called the European Currency Unit (ECU), which was set 1:1 to an even earlier iteration, the European Unit of Account (EUA). According to Wikipedia, EUA "was defined as 0.888671 grams of gold, or one US dollar."[1] This was in 1962 when the US was on the gold standard. USD and ECU/EUA began drifting apart starting in 1971 when we abandoned the gold standard. So I guess you could say that the original intent was for dollar parity, but that decision was pretty far removed from the creation of the euro over 30 years later.

[1]: https://en.wikipedia.org/wiki/European_Unit_of_Account




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