/biz/ - Business & Finance

>>9766941
It's just a hunch but global currencies much like corporations will slowly go through their own consolidation period just as Europe did with the Euro and looking through history the Council of the European Union in '98 moved to accept an exchange rate of DM 1.95583 = €1 in order to help phase out one old currency for another. Since the Euro has led the way it wouldn't be too far of a stretch to think that other countries may -in an effort to curtail their own struggling currencies such as in the case of Venezuela- open for a centralized Latin version of the Euro as well.

So I figured weighting the benefits-to-risk, that if this may be the case (even if it is something like 40 years down the line) a cheap acquisition now could be way huge later, in the form of the value starting to level off to more reasonable inflation levels or through this exchange into a new currency form.

Just a hunch though.