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I posted it right the first time, than corrected it because I got confused by his original post, than corrected it back because I was right the first time. You posted in between.
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Suppose I bought 100 chairs in America for $100 each. I'd pay a total of $10,000. At the current exchange rate that would be a total of ?8,626. Suppose the dollar weakens even more and the rate will be ?1=$1.20. I'd pay a total of ?8,333 instead of my original ?8,626 for my chairs. Now how could this be bad for me eh? |
Higher interest rates help Bush. In america only the seniors vote and they want more interest on their money.
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KK,
You don't get it. If you get paid in dollars and live in EU, how can your short the dollar if you have to USE it to live in Europe? You don't see the whole picture because you live in the US. |
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But you are thinking to the wrong direction . Use this situation for you ! Time to invest ! Buy content from US , bannerspots , etc .... |
50 shit dollars.
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the aussie $ is fucked, too. .70 US cents, and rising and staying high.
I remember it used to be .54, fuck, wish i was actually earning more than $50 a paycheck then ;) |
1.18?=1$
The real shit will start these 2 weeks ... If you come from Europe and get paid in $ you will lost ('like me) 25+% It's terrible Bush is the best |
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i just bought some american currency
1.35 thats damn cheap:thumbsup |
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where do you live? Wait till December. |
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Seems all EU countries fucked up the USD and Bush helped also about that, now is good to promote the Europian sponsors, they pay in EURO!
The USD going down every fucking day.... |
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yes of course i'm serious ... why ? You don't think kill innocent people is good ? kill the world's economy isn't good ? be stupid isn't good ? Yes bush is the best ... the best ignorant |
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It's called HEDGING. You short it with a contract. www.oanda.com $20 and you are all set. |
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I live in Canada but work for an american company that depends on a strong US dollar. We have been forced to cut expenses in a number of areas.
I am making less money in this biz also because of this. |
if the dollar gets near 0.90 again, I am changing all my dollars into euros..
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The US has a big debt in dollars and a lower dollar wil make it easier for the US to pay it back. And the prices for US products will be cheaper within and outside the US when compared to non US products. This will help the US economy and bring more jobs to american people. There will be a huge problem for the US when the dollar falls too fast becouse foreign investors will loze confidense and sell thier investmenst and then the dollar will drop even faster. A controlled devaluation of the dollar will help the US economy tho. (edit: yea i know my english is crap...) |
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inflation is too low and the economy isn't creating enough jobs |
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:Graucho |
The president doesn't control the money supply in the US. Just so ya know. ;-)
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Yes it's called welfare reform on a world scale. The free ride is over. :Graucho |
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