The dollar is sucking!

bradclark1 · 07-02-07, 09:03 AM

I was thinking about getting a chess database(Chessbase) for 50 pounds. I checked the conversion and today thats $100. Two or three years ago it was something like $1.35/45.

Errr!

fatty · 07-02-07, 09:09 AM

After enduring years of teasing from my American colleagues, our dollar is predicted by some to equal or exceed the USD by the end of the year :p

ReallyDedPoet · 07-02-07, 09:16 AM

Going to the US next year to see a bunch of ball games, for a change I won't take a butt-kicking on the exchange.
RDP

Konovalov · 07-02-07, 09:26 AM

Might have to catch a flight across the pond for a bit of Christmas shopping later this year.

Heibges · 07-02-07, 11:20 AM

I guess being $11T in debt, and the fact it has doubled in the last 6 years, doesn't make for strong currency?

Bort · 07-02-07, 01:36 PM

The first time I went to Canada was summer 2002, and I have been back several times since then, most recently a few weeks ago, and the exchange rate for the US is now officially pittiful. Good for Canada, bad for us. The pound, the Euro and all sorts of currency are skyrocketing over the dollar, if anything that should get the United States interested in doing something about the debt.

The Munster · 07-02-07, 02:34 PM

A Digimemo is still too expensive to buy in the States and have shipped over here though

If anyone knows where I can get one at a good price ..

Sailor Steve · 07-02-07, 04:33 PM

When I was a kid one Pound was equal to about five Dollars.

Skybird · 07-02-07, 05:08 PM

Didn't know you were in chess that seriously, Brad!

What is your precise need?

07-02-07, 05:26 PM

The exchange rate was worse in March. Since the 5th of March the rate of exchange has been closing in relation to the GBP. In fact today was the best day since 05 MAR.

The graph:
http://www.x-rates.com/d/GBP/USD/graph120.html

Heibges · 07-02-07, 06:14 PM

I was wrong again. I guess this is the reason.

http://www.bloomberg.com/apps/news?p...wKA&refer=news

bradclark1 · 07-02-07, 06:43 PM

Quote:

Originally Posted by Skybird

Didn't know you were in chess that seriously, Brad!

What is your precise need?

I just started teaching myself and am getting into it pretty much. I have MC10 and Fritz Deluxe is coming. If I'd have gotten the database it would have been an impulse buy because I suffer from "If I'm into it I must have everything that goes with it" whole hog disease. Drives my wife nuts. But $100 for a database put me into price shock.

P_Funk · 07-02-07, 07:19 PM

Quote:

Originally Posted by Bort

The first time I went to Canada was summer 2002, and I have been back several times since then, most recently a few weeks ago, and the exchange rate for the US is now officially pittiful. Good for Canada, bad for us. The pound, the Euro and all sorts of currency are skyrocketing over the dollar, if anything that should get the United States interested in doing something about the debt.

Well the reason it was so good for Americans for a while was because during the 90s the Federal Liberals under the economic leadership of then Finance Minister Paul Martin artificially depressed the Canadian dollar so as to facilitate much easier paying off of that disgusting Reaganesque debt accrued by that bastard Mulroney.

Now that the Liberals are out and that that debt (the last one anyway) is gone they can let the Loonie be its old self again. That the Loonie once exceeded the US Dollar at one point is something that seems to be forgotten.

SUBMAN1 · 07-02-07, 10:02 PM

Quote:

Originally Posted by fatty

After enduring years of teasing from my American colleagues, our dollar is predicted by some to equal or exceed the USD by the end of the year :p

Woo hoo! Excellent news for once! it is about time our US dollar dropped off the face of the planet! It might hurt me some in the short term (I have many digits in Canadian dollars, so don't think I will hurt that much), but it will jump start our economy!

This is the exact thing we have been complaining to China about - the low value of the Chinese currency! Now it is our turn to take this world back over with force!

-S

PS.

Quote:

Originally Posted by Heibges

I guess being $11T in debt, and the fact it has doubled in the last 6 years, doesn't make for strong currency?

Hahahahaha! you are so funny! Do you think for a second the US Gov will pay $1 per every $1 on that debt? It is on a 40 year cycle of $.05 on the dollar! That was set back in the 1940's! So expect the US Gov to actually pay out 600 billion or less.

bookworm_020 · 07-02-07, 10:18 PM

Our Pacific Peso (Australian Dollar) has reached record high's against the U.S. This is wonderful if you want to buy a car or whitegoods, but bad if you are an exporter.

The only thing keeping Australia going deeper in debt is the boom in metals.

07-02-07, 09:03 AM	#1
bradclark1 Ocean Warrior Join Date: Feb 2003 Location: Connecticut, USA. Posts: 2,794 Downloads: 29 Uploads: 0	The dollar is sucking! I was thinking about getting a chess database(Chessbase) for 50 pounds. I checked the conversion and today thats $100. Two or three years ago it was something like $1.35/45. Errr!

07-02-07, 09:16 AM	#3
ReallyDedPoet Canadian Wolf Join Date: Jul 2006 Location: Canada. The one and only, East Coast Posts: 10,884 Downloads: 946 Uploads: 5	Going to the US next year to see a bunch of ball games, for a change I won't take a butt-kicking on the exchange. RDP __________________ Back in the Day

07-02-07, 09:26 AM	#4
Konovalov Ocean Warrior Join Date: Sep 2002 Location: High Wycombe, Bucks, UK Posts: 2,811 Downloads: 9 Uploads: 0	Might have to catch a flight across the pond for a bit of Christmas shopping later this year. __________________ "In a Christian context, sexuality is traditionally seen as a consequence of the Fall, but for Muslims, it is an anticipation of paradise. So I can say, I think, that I was validly converted to Islam by a teenage French Jewish nudist." Sheikh Abdul-Hakim Murad (Timothy Winter)

07-02-07, 11:20 AM	#5
Heibges Sea Lord Join Date: Feb 2004 Location: San Francisco, California Posts: 1,633 Downloads: 1 Uploads: 0	I guess being $11T in debt, and the fact it has doubled in the last 6 years, doesn't make for strong currency? __________________ U.Kdt.Hdb B. I. 28) This possibility of using the hydrophone to help in detecting surface ships should, however, be restricted to those cases where the submarine is unavoidably compelled to stay below the surface. http://www.hackworth.com/

07-02-07, 01:36 PM	#6
Bort Grey Wolf Join Date: Apr 2005 Location: Studying in Atlanta Posts: 919 Downloads: 61 Uploads: 0	The first time I went to Canada was summer 2002, and I have been back several times since then, most recently a few weeks ago, and the exchange rate for the US is now officially pittiful. Good for Canada, bad for us. The pound, the Euro and all sorts of currency are skyrocketing over the dollar, if anything that should get the United States interested in doing something about the debt. __________________ GT Aerospace

07-02-07, 09:09 AM	#2
fatty The Old Man Join Date: Jul 2005 Location: Canada Posts: 1,448 Downloads: 10 Uploads: 0	After enduring years of teasing from my American colleagues, our dollar is predicted by some to equal or exceed the USD by the end of the year :p

07-02-07, 02:34 PM	#7
The Munster Ace of the Deep Join Date: Jul 2006 Location: Deepest Dumbria Posts: 1,243 Downloads: 2 Uploads: 0	A Digimemo is still too expensive to buy in the States and have shipped over here though If anyone knows where I can get one at a good price .. __________________ *GWX Team Member; Retired* GWX Home Page

07-02-07, 04:33 PM	#8
Sailor Steve Eternal Patrol Join Date: Nov 2002 Location: High in the mountains of Utah Posts: 50,369 Downloads: 745 Uploads: 249	When I was a kid one Pound was equal to about five Dollars. __________________ “Never do anything you can't take back.” —Rocky Russo

07-02-07, 05:08 PM	#9
Skybird Soaring Join Date: Sep 2001 Location: the mental asylum named Germany Posts: 42,604 Downloads: 10 Uploads: 0	Didn't know you were in chess that seriously, Brad! What is your precise need? __________________ If you feel nuts, consult an expert.

07-02-07, 05:26 PM	#10
waste gate Stowaway Posts: n/a Downloads: Uploads:	The exchange rate was worse in March. Since the 5th of March the rate of exchange has been closing in relation to the GBP. In fact today was the best day since 05 MAR. The graph: http://www.x-rates.com/d/GBP/USD/graph120.html

07-02-07, 06:14 PM	#11
Heibges Sea Lord Join Date: Feb 2004 Location: San Francisco, California Posts: 1,633 Downloads: 1 Uploads: 0	I was wrong again. I guess this is the reason. http://www.bloomberg.com/apps/news?p...wKA&refer=news __________________ U.Kdt.Hdb B. I. 28) This possibility of using the hydrophone to help in detecting surface ships should, however, be restricted to those cases where the submarine is unavoidably compelled to stay below the surface. http://www.hackworth.com/

07-02-07, 10:18 PM	#15
bookworm_020 Navy Seal Join Date: Aug 2005 Location: Sinking ships off the Australian coast Posts: 5,966 Downloads: 1 Uploads: 0	Our Pacific Peso (Australian Dollar) has reached record high's against the U.S. This is wonderful if you want to buy a car or whitegoods, but bad if you are an exporter. The only thing keeping Australia going deeper in debt is the boom in metals. __________________ "There is always one person in any organization who knows whats going on, That person must be fired"