US Dollar: Currency Non Grata in Amsterdam

♠ Posted by Emmanuel in at 4/01/2008 01:18:00 AM
Woe betide visitors to Amsterdam who try to exchange their dollars for something more useful and which might actually hold some value in the near future--the euro. This video clip from Reuters explains how small volume money changers have started to "just say no" to Americash semitrash. Travelers checks? Same banana, it seems, as banks expect greenbacks to plunge like Greg Louganis strapped to an anvil. (Sorry, I can't embed the clip so you'll have to visit their site). The US dollar is definitely subprime.