Quote:
Originally Posted by woj
I think a better analogy would be: You live in alaska and you complain and start threads on gfy that there are only 2 hours of daylight everyday. Things are just the way they are and there isn't much you can do about it, so why worry about it?  I guess I might be wrong, and there might be something I can do to help resolve this global economic problem. Can you offer some tips on what I can do to help solve this worldwide problem? |
Never started any thread about the US dollar value on GFY and can't say I'm complaining about it either woj.
It's not so much a global economic problem as a dropping US currency valuation and where that will aid an already high level of national debt and pressure the dollar even lower. It's not my job to solve US economic problems - others are paid/elected to do this.
The primarly people who will affected are US folks - and they will be left to pay the bill for the management (or lack of it) on the economic front and currency exchange. (OK.. some webmasters will also be affected, but that's very small beans in comparison with the overall and, only my
, but suspect there will be changes in processing to reflect par values from nations which loss eg 30-40% of their currency value).
About 3-4 years ago we did do something about it (it was only a matter of time and the writing was on the wall already) and, for example, have variable pricing for paysites. Whether it's the US or any other country, we are not a charity org or national bankers, - if anyone wants membership, they pay at the going rate and on par with whatever their currency value is. If the Euro has a crap value, the price goes up for signup pages in Euros - if the Dollar sinks, the price goes up to reflect the exchange rate.
Sure.. there can be a degree of hassle operating on that basis, but at least gives a level of stability - and generally it appears to earn around 30% more operating along the lines of the "Big Mac Index" and more than covers the hassle factor.
One thing that is certain - you can have total confidence in other nations, including China, pricing their exports to the US to reflect the real worth of the dollar - and that ain't good news.