Why is Canada's dollar worth more than the US's dollar?

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"net debtor" nation - country whole has borrowed money (through treasury debt) maintain our current way of life. treasury bonds held investors, mutual funds, pension funds, , foreign governments china , other trading partners. government spends more collects in taxes - on day day operations, war in iraq, , entitlements medicare , such.

debt owe become 'due , payable on date in time? we'll see.

canada has debt not same extent us. canada has more natural resources can consume, exports them.

i don't understand how value of money works. why dollar rate sinking drastically compared canada , euro. don't want seem ignorant, seems economy in better canadas because of numerous major cities, resourses, , corporations.


Social Science Economics Next



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