What is the impact of this on ordinary citizens? Not the impact of inflation or impact or gas supplies, etc. The impact of this two currencies having parity.
A variant of this is ... if you're in the US, what are you deliberately purchasing from the EU now (and how?). Are there consumer goods you care about where it now makes sense to order from the EU even with a greater shipping cost + time? If you're in the EU, what are US goods you would ordinarily buy but which are now out of reach?
Tourism - using hotels and transport.
Apple devices (and other goods prices in usd - such as most oil goods) will be a bit more expensive.
Europeans investing in S&P500 don't get hammered as much as US citizens right now..