CmdrGraves

Apparently in Japan, their Apple Stores just display all their devices without any security tags on them since it’s built within a trust system where an individual is expected to not shoplift (due to shaming culture) as public face and reputation matters to them. However, try doing the same thing in New York or Seattle and see what happens…

I know that Euro is the second most traded currency but it doesn't have the #1 spot because of the US Dollar (which is printed on top of piling debt by the way) since oil is priced in USD per barrel instead of quoting it in EUR per barrel (since the US has monopoly on oil).

Money printers for the USD are running constantly, going "BRRR" and have a high national debt. They're putting themselves further into that hole whilst printing more cash. What about the Euro? Is it even printed that often 24/7 or controlled to print a capped amount?

The only way to really Euro become superior is to incentivize it on a international scale (more than the US Dollar) on getting countries to accept & trust it more (but USD accounts for 60% of global commerce) so the Euro has A LOT of catching up to do on that.

Does the EU really have power or control over OPEC (Oil)? If they can grasp monopoly over the Gulf states by convincing them to price every barrel in Euros: would that strengthen the currency? The British Pound is the former global reserve currency before the US Dollar.

If European travelers stopped converting EUR to USD, only using EUR for international travel towards currency exchanges: would that increase the demand for it since US Dollar is literally the default for A LOT of countries (even "third world" ones) in terms of payment.

Arbitrary numbers regarding forex aren't an indicator: so what if 1€ is worth more than $1? It's more on PPP and trust, so with a stronger Euro traveling abroad (including the Americas): does that make it cheap for you to visit as you're able to buy more than they can?

For example: Australia is far from a majority of places, while that is the case for them: the advantage they have with their geographical isolation is the absence or low likelihood of being invaded (like how Europe got screwed over during WWII due to all the countries being adjacent to each other) or recently: most of the GCC countries are attacked as they're next to Iran.

That's the kind of argument people who live in geographically isolated countries use, while most European countries are adjacent from one another (making travel convenient) is both a blessing and a curse. The bad part is conflict: as evident from both world wars the majority of them were invaded but Australia (the country) wasn't invaded by the Ottomans or Germans back then.

Even if today Iran tried to invade a geographically isolated country: it would be a logistical nightmare for the adversary (despite them having the technology) as Iran is too distant from Australia. How long would it take for their air force or navy to reach them? Germany is closer in comparison (as Europe isn't too distant) while Australia is quite far and not worth it for Iran.

What I mean is: it was easy for Iran on sending drones to attack Kuwait for example since their geographical position serves as a major disadvantage (next to each other) but can Iran do the same for Oceania (AU & NZ)? They could, but the distance is too great. Usually, belligerent states only attack those adjacent to them for the most part while those far away are neutral.

However, the disadvantage with being geographically isolated is that flights are expensive due to distance (and cost more) in comparison to flying from London to Paris (those places are far and expensive for Australians) but accessible towards German tourists for example, but again they all were affected during the second world war while Australia wasn't invaded by the Nazis.

I may travel to Canada in the future, but these are the currencies I have:

• Kuwaiti Dinar (1 KD = C$4.50)
• Omani Rial (1 RO = C$3.60)

So, they are worth more in face value. The question is: will money changers in Canada accept or recognize them on directly converting to CAD despite these currencies being uncommon? Also will I really be allowed to bring either 5000 RO (C$18,100) or 2000 KD (C$9,025) in cash?