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Old 05-08-2013, 04:33 PM  
pimpmaster9000
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Join Date: Dec 2011
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yes yes profits are at an all time high EXCEPT if you had one million dollars in cash before 9/11 the exchange rate was 1200 euros for 1000$...now you get 769 euros for 1000$...

simple math you are 431 euros short on the same 1000$ or, in my one million $ example you are short a whopping 431000 euros since 9/11

so on one million $ you lost (at todays conversion rate) 567.000$...now in the USA a dollar is a dollar...but that same company is now 50% cheaper for foreigners to acquire being that the dollar dropped 50% on the euro since 9/11...

using that logic I am a former billionaire LOL we had hyperinflation and I was actually a trillionaire...it did not make the economy any better or stronger...

"all time profits" is relative...
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