My American money is quickly becoming worthless!
 

Someone tell Mr. Bush to get the economy back on track before my American money is worthless. The Canadian dollar is at an all-time high. http://www.x-rates.com/d/CAD/USD/graph120.html

What's wrong with this world? I can't even afford to pay my bills with this exchange rate. I used to get 1.55x my money. Now I get 1.38!?!?! Any other Canadians in this situation? And I thought the situation was bad 3 months ago! :Oh crap

Signed,

A Canadian Webmaster

a simple solution to your problem,

stop living off the success of others

moce to somewhere you can own handguns. :BangBang:

Booohooo, we're the only reason your country isn't a Nazi Germany colony right now :321GFY

Its brutal man. I suggest abducting a cabinet minister and getting some FLQ action on. Vive La Seperationale!!!!

On another note, time to order some bondage toys from our financially troubled American friends. .

shut your face jerkoff. its artificially inflated to cut out investment as a result of Canadian nonsupport for the war.

or did you think the WHO Sars advisory wasnt punishment either?

Hey buddy, the poor American economy affects you more than it does me. :ak47:

Edit: Boy you 2000+'ers are evil. I did not mean to make this into a Canada vs. America battle!

you can't be serious dude.

i could see it. who knows what the govt does with the econmy, it's all more or less fake anyways right?

Pretty much. A weak dollar is supported by the Bush Administration. It'll help our export sector back to life, and put more pressure on EU and Japan central banks to decrease interest rates (which are low and nonexistant, respectively).

:2 cents:

hedge.. anyone who generates profits in currency that is freely exchanged should do it..

dammit
get your act together

it just doesnt feel right when you get a paycheck that is no longer worth 1.6x as much

I wish Euro was smaller than USD. Fuck this. I make a SHITLOAD less money now. The conversions are killing me!

Thats right. Don't mess with TEXAS!

http://www.latech.edu/tech/orgs/coll...boy_george.jpg

Canadian dollar is at 72 cents ladies and gents! Wooohoooo. Looks like us canadians are starting to kick some serious ass, economically.

... would that be a bad thing ?

:1orglaugh

I think you mean the US economy is dropping. Our currency controls the market on all others. We are supreme. :winkwink:

Yup i have the same problem. Sucks that it used to be 1.60 at one point. But i guess its good for the economy... whatever that includes.

your money is becoming worthless because your goverment printing bilions of dollars each day and sending it to other countries for trade or giving credits.. have you ever heard why inflation occcures? because you dont have the equivalent of your money.. its just a name "$" and that name start to get into your country and start to give a place to "?" euro....

It does suck, I'm looking to get a place in montreal and the currency converters dont look as good now as they did 6 months ago.

I just found this site that has free real time currency charts..can see minute by minute ticks

fxstreet.com

It's pretty cool, a bit depressing. I've been watching the NZD that just hit a 3 year high agaisnt the USD

Want to see how much will be "?" euro" worth after England move from pound to ? (1? = 2$ ? )

www.xe.com for live exchange rate :)
but with the bigmac indice, the CAD suppose to be at 0,85$ :)
that suck ;) lets go USA, restart your economy :)

I hate it fucking too...
1$ = 0.91 Euro cents...
So when i get a check of 1000 i loose 111 Euros
Because of MR. Bush wanted to play a little Game with Saddam Hoessein. Bush go play with your Powel friend and get your Dollar back to what is was.. cost me and a much other people a lot of :2 cents: :2 cents:

How about people just start charging English Pounds in stead of Dollars!

That would be cool :glugglug

$1 = 0.88 EUR

http://quote.yahoo.com/m5?a=1&s=USD&t=EUR&c=0

:1orglaugh @ people blaming bush..

idiots.. burn in hell european socialists! i hope all your business goes down the tubes .. :321GFY

lol

I need to take my prices higher if this continues.

Well IMHO the president should start spending his bucks on keeping his own country and economy stable instead of bombing and then rebuild other for 40% of the federal budget.

Don't be mad at us because your dollar is soon valued the sames as its 'worthless' canadian counterpart. :321GFY I've seen canadian dollar bashed SOO many times on this board it's unreal.

no.. he should not spend more money on his own country he should spend less, how the fuck you think letting the govt spend more money (therefore taking away what the private sector can do) is "good" for the econonmy, i dont know!

and it's not 40% of the federal budget.. $80bn for the war was less than 1% of GDP..

:winkwink:

it's not my dollar.. :thumbsup and from my experience usually the canadians whinge about their currency.. :glugglug

Okay I'll rephrase: Spend less money on destroying other countries. And next year every american can have another $500 in their wallets to spend on healt care, education, cars, porn, whatever...

i like your thinking.. more money for the people! :winkwink:

LMAO! :1orglaugh :1orglaugh :1orglaugh
So you put a conspiracy theory to everything? LOL Dollar is weak? NOWAY our Prophet Bush is just having God play with the dollar value :winkwink:

How can a smaller business owner hedge against currency fluctuation between US and CDN? I.e. you get paid in US and have expenses in CDN...how would you go about "hedging" You need a brokerage account?

Obviously the simplest hedging is segregating (US expenses in US dollars, etc..) but sometimes you have to pay debts in other currencies, etc..

That's very unlikely.. 95% of your expenses would be in US too.. the only expense in CDN would be living expenses, office supplies etc. You get better value for your money since the currency is in U.S. which makes living expenses in Can cheaper otherwise it'd be the same as U.S. if the dollar value was the same.. for people making money in CDN it feels the same.

Hmm...sounds more like a problem of living past your means if that small of a change in the exchange rate is stopping you from paying your bills. Either that or you need to get better at your job.

Quit blaming others for your failures and you'll start seeing ways all around you to fix your problems.

:)

Nice.