Sep 24
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Loading ...WiseBread.com has an interesting article on the slowly “sinking” US currency. The author has pointed out a couple of things that directly affect us because of that.
“It takes more than $1.40 to buy one euro today. It cost less than $1 as recently as late 2002. A Canadian dollar is worth just about exactly a US dollar–a parity not seen since the 1970s. Should Wise Bread readers care? If so, what should they do?”
The sinking dollar on WideBread
Tags: us currency | euro | inflation
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September 25th, 2007 at 5:28 pm
this is a very eye-opening article. I was recently visitng Paris and its insane, the prices are times higher than in New York. The US dollar is underrated. I felt poor there. A bottle of water and two sandwiches costed me $20.
September 25th, 2007 at 5:53 pm
I viewed a news story the other day on this issue. And it is scary. And WOW Faith, $20 for a bottled water and 2 sandwiches, that is absolutely INSANE.