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Canadian Dollar Power! (pg. 2)
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| Omega_M |
| when the canadian dollar becomes equal to US dollar, canada will officially get an american zipcode. |
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| Moral Hazard |
| quote: | Originally posted by Omega_M
when the canadian dollar becomes equal to US dollar, canada will officially get an american zipcode. |
When the Canadian dollar becomes equal to the US dollar Canada will officially lose it's manufacturing industy.
FYI, the growth in the Candian dollar vs. the US has much more to do with the fall of the US dollar then it does the strength of the Candian currency. Granted, demand for natural resources, of which we have a great deal, is up thus demand for our dollar is up; however, your dollar has fallen more then ours has increased. Once the US get's it together on foriegn affairs things will return to a more historically constant level. |
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| Omega_M |
| damn you took that seriously. :o |
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| Moral Hazard |
| quote: | Originally posted by Omega_M
damn you took that seriously. :o |
not at all. |
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| all-nite-freak |
| i personally think your all fags except moral because he likes the good anal. |
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| Prometheus Xex |
| quote: | Originally posted by all-nite-freak
and when mean big i mean Tyranosoreass sized;) |
Man I didn't know this dollar had that kind of effect on you and that it had sexual preference overtones. Tyranosore-ass... that's funny. You crack (another ass reference) me up. |
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| all-nite-freak |
| you know Jurassic Park was cool like never. |
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| nchs09 |
| im not very happy about my trip to europe.. the dollar is such atm... im gonna take a hit :/ |
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| Jake Benson |
| quote: | Originally posted by all-nite-freak
i personally think your all fags except moral because he likes the good anal. |
Nailed me on that one. :eek: |
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| occrider |
| quote: | Originally posted by Moral Hazard
The Pound Stirling is a restricted currency. It's not traded freely. Your central bank keeps such tight controls on it they can more or less set it wherever they want. |
No it's not. The pound was floated in the 70s. And using interest rates to peg a currency to another would be silly. The way a country pegs a currency is by buying the country's debt that it wants to peg its currency against. So for example China buys US treasuries.
Edit: oops sorry misread your statement on interest rates. But a central bank is not going lower interest rates if inflation is looming. |
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| all-nite-freak |
| quote: | Originally posted by occrider
inflation is looming. |
it sure is, i forgot i left the vigs in the candy dish lolz |
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