transio said:AND the economy !!!
A weak dollar will do wonders for us in many ways.
Stop complaining. You can't have it all.![]()
Great to hear as I am flying to London tonightzvezdah1 said:HI All,
Today, the dollar hit an 11-year low against the pound. Now a $1.74 to the pound
Chris
Everything here is painfully expensive. Have fun!!!ivan1 said:Great to hear as I am flying to London tonightI guess I won't be looking for any bargains....
This morning I have a trip to my bank scheduled for a wire transfer to pick up 500 more DVDs from the UK.FederalElise said:A weak dollar is good for US exporters, bad for importers selling good in US.
It's what happens after years of buying more from outside then selling.
Yes. Sort of a silly thing really. I have been a fan of the film for many years and was thrilled when it came out on DVD. So I bought one, and liked it so much, I bought hundreds more.babak said:Rendezvous DVDs?
Do the DVDs work over here? Don't they have regional settings that prevent them from being played in the US?Randy Chase said:That day I was flooded with orders from Ontario. Maybe a hundred DVDs.
But aren't DVDs from the UK in PAL format?Randy Chase said:
Canada and US are both the same region and both NTSC.
FederalElise said:A weak dollar is good for US exporters, bad for importers selling good in US.
It's what happens after years of buying more from outside then selling.
John,JBurer said:You should do some more research into macro economics! Overall, a strong dollar is desirable.
For an insightful paper on currency, I strongly suggest reading Soft Currency Economics
We export around $700 billion a year in the form of automobile, computers, communication equipment, medicines, etc etc. Annual debt increase is no where near that amount.agent.5 said:But US does not export much of any manufacturing goods anymore, the number one export of the US is debt.
True, but misleading. US will have about 550 billion in Federal deficit this fiscal year, plus state and local bonds, plus corporate bonds and debt, plus consumer credit and mortgages. If you add up all the debt that the United States generate, you are talking trillion dollar plus a year. And with the Federal Reserve purposely devalue the dollar to "stimulate" the economy and prop up the stock market indexes, you should expect further dollar weaknesses, and further rise in all commodity pricings, such as oil, gas, insurance, and health care.FederalElise said:We export around $700 billion a year in the form of automobile, computers, communication equipment, medicines, etc etc. Annual debt increase is no where near that amount.