Quote:
Originally Posted by WarChild
You know what's just awesome to watch? GFY economists. Seriously you guys rock. As the Canadian currency gets stronger, the Canadian's whine louder. Never mind the fact that purchasing power is increasing with the strength of their dollar, just skip right to the point and complain that while the currency you're paid in is STILL worth more than your own, it's worth less now than it has been in the past. Would you prefer US programs pay you $35CAD a sale? Pure genius, the lot of you.
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Wow... talk about not getting it.
Let's say I rent a condo, and pay $1000 a month canadian for it. Today, that would be about $900 US.
5 years ago, that would have been $610US - so we are now paying 50% more for the same thing.
Talk to me about buying power. It only works if you are getting paid in the strong currency, not the weak one.