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US DOLLAR keeps falling-good job George
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Yep its fucking annoying! Losing more and more money as the weeks go by.
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Holy shit, almost 1.27....it just wont stop.
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The falling dollar is good!
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whats annoying is all these bloody news threads, its like CNN
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it's not good for us Canadians either...I get paid in US....when I started in the biz, the dolllar was 1.5, and now the dollar is sitting at 1.24....I think it's even lower now...:)
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You must be an economist! I agree with you though, Bush is the best thing that ever happened to, well, Canada. Keep this up for another 4 years and we'll have at least 2 NFL franchises. :glugglug |
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Good ole Bush! |
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Aw quit whinin'. You shoulda done like the rest of us who are up on the news and know the dilly. Invested in the Euro. We ain't losin' money. |
Seems the US economy must be sucks right now...
I will not wonder, if some of the sponsors turn to Euro which is really strong right now! Well may be is time the EURO to kick USD's ass:) |
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People that have no clue about economics (or the US economy when talking specifically about the US dollar) should refrain from posting in currency valuation threads. I've posted this before, but will do it again... The weak US dollar is beneficial to the US and the US economy right now for a shitload of reasons. If the dollar were to rebound in the near future, the current administration (and the next administration -- assuming a change) would do everything possible to keep it down -- even if that mean keeping it down artificially. Get used to it. It's not going to change anytime soon. US sponsors will never turn soley to the euro. If the majority of your customer base is American -- you just simply can't start charging EUROS. You would lose at least 3/4 of your business overnight. |
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That's really good :thumbsup
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:1orglaugh sooo true :thumbsup |
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If you reread what I said, it was "US sponsors will never turn soley to the euro." I went on to say... "If the majority of your customer base is American -- you just simply can't start charging EUROS." It makes sense to look into anything that could make your business more profitable. I also think it is a good idea to try to attempt to bill your customers in their native currency when possible. Offering EU surfers EURO billing options is a good thing. I was responding to a post about sponsors changing their billing to EUROS, not a post about offering surfers different billing options. |
Now is a good time to prepay for American hosting and other services. :Graucho
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Companies like ccbill that have a Euro branch should offer their webmasters the choice of billing and payment in Euros -
Doesn't make sence them having a Euro branch working solely in dollars. I agre - The dollar is artificially low to aid exports (Amongst many other things - Although they really need to hike up interest rates now, they certainly will not - But for us Non Americans - There is at least one small bonus - Fewer Americans will holiday in Europe because of the costs! |
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:glugglug |
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:Graucho |
Would you prefer Arnold on the bills?
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http://biz.yahoo.com/ap/031223/na_fe...ression_2.html http://www.mercopress.com/Detalle.asp?NUM=2728 Know anything about Bush strong dollar policy!? :eek7 |
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:1orglaugh That title and the rest of the article is based on this quote... "My answer to that question about the dollar is that this government is for a strong dollar and that the dollar's value ought to be set by the market and by the conditions inherent in our respective economies, and our economy is very strong and is getting stronger" Are you really that stupid? No president is going to come out and say they are for a weak dollar! :1orglaugh Tell me why a week dollar is not good for the US and the US economy or shut the fuck up. |
The present value of the dollar is good for America in that it makes our goods and services cheaper for foreigners to purchase, something we presently need to assure an economic recovery. It also cuts back on dollar-expensive vacationing overseas, thus keep vacationers spending vacation dollars in America which further helps economic recovery.
Like him and/or his policies or not, the Bush tax cut along with lower interest rates and no significant inflation along with a cheaper dollar might make us more money in the long run as jobs start to be created to replace inventories running low due to cheap dollar costs for our manufactured goods. Lately, productivity innovations has held down some job growth, so we need a cheaper dollar to spur overseas demand for our products to the point that it creates manufacturing jobs. My only worry is that high crude oil prices might slow down the economy, or raise inflation (defined as more money chasing the same goods and services) which might cause the Fed to raise interest rates to fight inflation---yes, the election year might possibly hold down rate increases, but.... Dave www.davecummings.com |
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Yes! CAD dollars is going up!! :thumbsup
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oh the irony... |
damn it
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You give Bush too much credit. He is spending like a drunken sailor and keeps cutting taxes. Nothing he can do will strengthen the dollar if you have to borrow to run the govt. We have to raise the rates we paid to gain the larger pool of borrowed money and that weakened the dollar and spurred fears of inflation. Europeans just took their investments and went home with them is all.
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eventually when the US dollar completely collapses because nothing is backing it, we'll all be using euros.
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Nice edit. Why not leave the original article up. |
i wish the sponsors would pay in euro since the dollar sucks nowadays... :thumbsup
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Its kind of difficult for me to understand the falling dollar as an american
aslong as the Big Mac combo meal stay around $3 then its all good for me. It only went from $2.99 to $3.59 in the last 12 years |
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Just laugh while they support their country being destroyed. :2 cents: |
i just had deja vu, all the same exact things were said about reagan
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Depreciation of the dollar is one of the few ways (other than an extended and prolonged depression) to cut the deficit to sustainable levels. Can't wait to hear you enlighten all of us with your economic wisdom. :1orglaugh |
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