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Old 11-14-2003, 12:19 PM  
Elli
Reach for those stars!
 
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Join Date: Apr 2003
Location: Vancouver, BC
Posts: 17,991
Yep, I've lost more money this way lately.. arg.

An expert on the radio the other day said that the Canadian dollar is reactionary to the US dollar, BUT it's on a year or so lag. So the dollar now is in reaction to last year's US dollar. We've yet to see what the newest round of devaluation will do.

They're also saying Bush is doing it to cut his debts. If he owes less in US dollars, then it appears that he's reduced the country's deficit. Something like that, anyway.
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