wethebest Suspended 1080 Posts user info edit post |
i know it has relative to all the other currencies but has the value of the dollar actually gone up or is it just going up in "strength" because everyhitng else has gone down the last 2 weeks
Quote : | "a few weeks ago, the Euro bough 1.4500 USD. that means that for each Euro, you could buy more than 1 US dollar, 1.45 now, the Euro only buys 1.3685 US dollars. so now a Euro can buy less dollars, hence dollar strength. the USD has strengthened against the Yen, Euro, Pound, etc." |
this quote bothered me and I understand relative strength but wouldn't it be the same in terms of actual real value like in terms of gold?10/8/2008 5:28:23 PM |
Walls1441 All American 10000 Posts user info edit post |
take EC205 with doctor hymen
I'm walls1441 and i approved this message. 10/8/2008 5:29:29 PM |
wethebest Suspended 1080 Posts user info edit post |
1 dollar can now buy me more euros but 1 euro can buy me less guns and butter than it couldbefore so the dollar hasn't really changed has it? 10/8/2008 5:31:18 PM |
simonn best gottfriend 28968 Posts user info edit post |
it's all relative. 10/8/2008 5:32:04 PM |
wethebest Suspended 1080 Posts user info edit post |
so relative to items does this rise in dollar just mean everything else can buy less items while the dollar can still buy the same items it could 10 days ago? 10/8/2008 5:33:57 PM |
Walls1441 All American 10000 Posts user info edit post |
all i know is i haven't gotten a raise in the last week.
I'm walls1441 and i approved this message. 10/8/2008 5:35:52 PM |
ncsuapex SpaceForRent 37776 Posts user info edit post |
HENCE
DOLLAR
STRENGTH 10/8/2008 5:42:58 PM |
wethebest Suspended 1080 Posts user info edit post |
holy shit nobody knows 10/8/2008 6:21:18 PM |
afripino All American 11422 Posts user info edit post |
no. 700 billion dollar bailout means more money in circulation. 10/8/2008 6:27:57 PM |
wethebest Suspended 1080 Posts user info edit post |
everybody beats around the bush without answering the questions 10/8/2008 6:38:02 PM |
H8R wear sumthin tight 60155 Posts user info edit post |
WETHEBED 10/8/2008 6:41:13 PM |
Lewizzle All American 14393 Posts user info edit post |
The cotton fibers they use are from a new genetically engineered strain, so yeah, the bill is stronger. 10/8/2008 7:48:56 PM |
BJCaudill21 Not an alcoholic 8015 Posts user info edit post |
I think it means you should have bought euros back then, and now you should change them back to dollars, to make money...or something 10/8/2008 8:12:00 PM |
wethebest Suspended 1080 Posts user info edit post |
lol "quick question"
i thought you guys were smart 10/8/2008 8:51:27 PM |
OmarBadu zidik 25071 Posts user info edit post |
going to europe in 2.5months - let's go dollar! 10/8/2008 8:52:28 PM |
JTMONEYNCSU All American 24529 Posts user info edit post |
10/8/2008 9:08:56 PM |
qntmfred retired 40717 Posts user info edit post |
i'll see your ^ and raise you a
10/8/2008 9:10:13 PM |
JTMONEYNCSU All American 24529 Posts user info edit post |
well ill raise you this:
10/8/2008 9:31:59 PM |