War5oldier

I've heard that food served in American schools is bad because of the fact that it's either fast food corporations taking the spotlight or outsourcing the labor to third party contractors (the same ones who make food for inmates across prisons) but fed towards kids.

Yep, that's actually the case for them. As comments like: "the food kids are fed at school is exactly prison chow" are said. The company under contract makes the same "slop" inmates eat then ship that at schools for kids (seriously, what are they feeding them?)

In comparison:

• How good is cafeteria food at school in your country?
• Is the food quality actually good as if it's "home made"?

I know that the 500€ bill ceases to exist on the new series of bank notes (as they capped it at 200€) but those who possess the older series with that denomination can still use it as legal tender, but is it that common for Europeans to have a 200€ bill in their wallet? I've heard as to why they ceased on printing 500€ is mainly relating to both criminal activity or money laundering as that denomation has been abused as such.

200€ is the second highest one, although the older 500€ bill is no longer in circulation. Do ATM's disperse either 500 & 200€ bills regarding cash withdrawals within that amount or do they just give that amount in smaller denominations equating to that much (like consisting of 20, 50 or 100€ bills)? If ATM's don't just give out a 200€ bill when withdrawing that much or more, does one have to visit a bank (branch) to get one?

Putting it into perspective: the Swiss Franc is backed by mutual trust which is something money can't buy (investors have confidence on economic stability during times of crisis) since it's not pegged to another currency or gold despite them having gold reserves. They even have a 1000 CHF bill ($1,269) so it's a strong currency in that sense, they barely circulate it outside.

Do YOU consider the US Dollar a safe haven currency? If it were: it would've received the same status as the Swiss Franc. The reason why CHF is strong is due their trust & confidence alongside a stable economical & political system, put it in comparison: how many Americans have confidence in their own currency? Does the USA have a "truly" stable political system?

The thing is: Switzerland is neutral, meaning they have no incentive whatsoever on becoming belligerents in foreign wars (something the USA can't stay away from since they spend a LOT of money on the military). Their national debt is lower than it is in USA (140m CHF / ~$179m) while in comparison: America's debt has ballooned to around $38,200,000,000,000 if I recall.

It's also tied to their monetary policy (which is highly trusted) hence why they managed to keep inflation relatively low but inflation in America is a joke (no need to say how bad it is). Their interest rate is 0% (can't be said for US Federal Reserve: 3.75%) as Switzerland's goal is to ensure price stability long term while the USA is more on promoting maximum employment.

Like, what’s the point of its existence when that denomination is difficult to come by since ATMs don’t disperse them. I mean, will they still refuse a £50 note when paying for a £45 purchase? They go full counterfeit detection mode just because an individual has it despite that being the real one (not fake). Also, why does the Bank of England keep printing more of that when they know people barely use it anyway?

The scenario is like this: boyfriend has unpaid debt (either from loansharks or the bank themselves) however he died from a terminal illness before debt collectors can get to him, but does his death automatically "erase" the unpaid debt he owes as he's gone?

The thing is, they can't pursue him as he's literally dead. The contract he signed prior to death only bares his name (meaning the debt can't be passed down to either his girlfriend or family) as he's the only signatory listed on paper (while his family are not signatories).

Debt collectors or loansharks show up to his residence only finding out from his girlfriend that he passed away (she has his death certificate to prove it), she reiterates that his debt can't be paid the "conventional" way as he's no longer alive to do that.

I mean, due to the war with Iran: will these currencies (mentioned below) lose value because the strait of Hormuz is under threat despite that route being vital for the transportation of crude oil worldwide?

I'm mainly talking about:

• UAE Dirham
• Kuwaiti Dinar
• Bahraini Dinar
• Qatari Riyal
• Saudi Riyal
• Omani Rial

The thing is that, these currencies are known for being stable due to the demand for crude oil (which ensures demand for their currency), strict monetary polcies from central banks & pegged to the USD.

To put into perspective: the Ukrainian Hryvnia has been devalued by 25% following Russia's invasion deeming it a weaker currency than it used to be. The thing is with let's say the Omani Rial, it's pegged to the USD (same with both QAR & AED) while KWD is pegged to an undisclosed currency basket. Oil is the key player as to why GCC currencies are strong.

With the strait of Hormuz under threat as Iran is attempting to obstruct vessels transporting crude oil, would that mean let’s say the Qatari Riyal will lose value? For instance: the Kuwaiti Dinar is a strong currency but with recent events (like fighter jet being shot down by an Iranian drone or Iran themselves attacking US bases situated in Kuwait) will that status change?