[antiRepublicrat]

When did the dollar "collapse"? Was it when the Euro was issued at $1.20? Or today, when it was worth $1.256?

The Euro was issued pegged to European currencies, and IIRC it came out at about 1:1 with the dollar. It dipped to costing 80+ cents for a while, then a few years ago the dollar collapsed, bringing it to where it is now.

[Toddsterpatriot]

and IIRC it came out at about 1:1 with the dollar.

You recall incorrectly. It came out at $1.20. Now it's $1.25.

[lowbuck]

The Euro was initially floated at about 1.14 to 1.17 to the dollar. The Euros were very sad to see it go south and settle in the high .80's IIRC.

Then a strange thing happened (don't believe me go look at a foreign chart) just after Old Europe stiffed George Bush in the run up to the Iraq war. It seams the dollar weakened significantly and the US has been booming since. So the Euros got the strong Euro they wanted, but, at a stiff price.

Now I don't own a tinfoil hat, but if I did, and I was looking at the above mentioned chart, I would have to say someone is getting whipped for being naughty!!