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-   -   What's up with the USD?! (https://gfy.com/showthread.php?t=352731)

sake 09-06-2004 06:10 PM

What's up with the USD?!
 
Damn I don't remember when it was this low..

$1.00 USD = $1.2786 CDN

:mad:

zentz 09-06-2004 06:32 PM

the main reason why i hate bush :feels-hot

TweetyBird 09-06-2004 06:40 PM

dang, I did no know it had gotten that low..

JakeR 09-06-2004 06:41 PM

we need a low dollar right now

The Other Steve 09-06-2004 06:57 PM

It might not be the US dollar that is the problem - it could be that the Canadian dollar is stronger.

At the moment the Aussie dollar /US dollar exchange rate is better than it has been for a month or two.

Steen2 09-06-2004 06:59 PM

Quote:

Originally posted by sake
Damn I don't remember when it was this low..

$1.00 USD = $1.2786 CDN

:mad:

I hope it someday becomes par. I would go on a shopping spree every week! :Graucho

fr8 09-06-2004 08:31 PM

I worry that this could get worse.

piker 09-06-2004 08:39 PM

Quote:

Originally posted by sake
Damn I don't remember when it was this low..

$1.00 USD = $1.2786 CDN

:mad:

Yea, that was the clinton adminstration artificially inflating the value of the dollar with various methods.... Which also is why manufactoring jobs hit the road.. it was cheaper to produce else where then use free trade and sell at the inflated dollar....

piker 09-06-2004 08:41 PM

Quote:

Originally posted by JakeR
we need a low dollar right now
Most on GFY, don't understand macro economics... so expect to be flamed...

Vitasoy 09-06-2004 08:46 PM

Quote:

Originally posted by fr8
I worry that this could get worse.

I believe so too, doh! :(

Satisfaction 09-06-2004 08:47 PM

yeh the aus dollar exhange has been pretty high of late..

nekrom 09-06-2004 08:56 PM

Yeahp 12 months ago the AU dollar was @ 57.00 which converted a lot better USD, compared to what it is doing now.

We can thank both Bush and Johny for that one.

But hey look on the brite side, Interest rates are going up after the election and were promised up near 9% around Jan next year. :321GFY

Webby 09-06-2004 08:57 PM

Quote:

What's up with the USD?!
It's fucked.... next! :glugglug

dready 09-06-2004 08:59 PM

Man, a year ago I was getting $1.65, now it's $1.27!!!!


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