>>>>>>>When I lived near the border years ago it was great going over and having our money worth more when buying Labatt's and going out to eat. It's been awhile, but it looks like old times...
>>>>>>>
>>>>>>>
http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=CAD&submit=Convert>>>>>>
>>>>>>USD isn't back. Everyone is trying sell and back to cash. We call that as "Offer-demand issue". I don't know what you say for that...
>>>>>
>>>>>Lighten up, Francis. As far as the US dollar compared to the Canadian dollar, it's doing ok. I can go to Canada and buy dinner and it will be cheaper because our dollar is worth like $1.15 of theirs right now. What's the issue? For all intents and purposes, it's back compared to Canada. Isn't that what I was comparing to in the first place? Again, lighten up, Francis.
>>>>
>>>>You obviously haven't traveled that much abroad, have you? It doesn't mean squat how many of which is it. It's how much you get for what you pay. It's the purchasing power of your money in each country you visit that matters. If the actual numbers mattered, there'd be no Americans in the UK or Switzerland, because the pound and the frank are worth far more than a dollar, and Japan would be swarming with them because the dollar is hundred times stronger than a yen, right?
>>>
>>>>Not likely. Just as yen is not equal to the dollar is not equal to Swiss franc is not equal to UK pound is not equal to other pounds our there are, the US dollar is also not equal to AUS $ is not equal to HK $ is not equal to CA $ is not equal to other dollars. Maybe they were equal once upon a time, which doesn't really matter. What matters is the price of coffee at home vs coffee there. Price of gas. You need to recalculate, and learn to recalculate again as the two inflations and other fluctuations keep both currencies going up and down. It's liquid.
>>>
>>>If I can buy a case of beer for $20 in the US or go across the border and get a case of the same beer for $18, what does that mean?
>>
>>Doesn't it cost you $2 in gas?
>>
>Buy 10 cases.
Did you calculated work hours losses too? :))
