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  LiveWire / Teen Forums / Science & Business / Viewing Topic

1 euro = $1.248
Replies: 16Last Post Nov. 8, 2008 3:54pm by SAMMYJS99
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( Micus )


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I don't know why, but this figure is surprising.

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LightThisCity


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Damn.

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Wii Tard


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$1.248?
wouldn't it be $1.25 ?

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Kitty Kiska


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Didnt the price of a dollar go up by 1%

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barnabas


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why are you surprised by that?

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Event Horizon


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Quote: from barnabas at 12:01 pm on Oct. 28, 2008

why are you surprised by that?

Because we are in a major economic crisis. Not too long ago the euro was at and/or above 2:1 with the american dollar. To see the dollar actually INCREASING in value [or at least the euro decreasing] is surprising.

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scalywag66


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I thought a Euro was somewhere close to 2 dollars


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xoAllixs0n


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It used to be double our dollar. How sad is that?

Well, an economic depression will do that to you.

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SAMMYJS99


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Quote: from Micus at 11:59 am on Oct. 28, 2008

I don't know why, but this figure is surprising.

in case u dont know, since the euro came to being on 1/1/2000, 1 euro is very close to how much the $1 is.

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shadowpool


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The Treasury went through 9 printing presses this year. They keep melting. Of course, the money is being hoarded by all our banks so they can last a few more days.

There's probably going to be another rate cut today. We'll see the inflation in a year or so.

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Event Horizon


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Quote: from xoallixs0n at 12:04 pm on Oct. 28, 2008

It used to be double our dollar. How sad is that?  

Well, an economic depression will do that to you.


??
I think you have it backwards...
It's BAD when the euro is double the dollar, that means if you were to go to europe with $100, you'd be left with 50 euro. =bad.

Economic crisis should decrease the value of the dollar, so that the euro was even MORE than our dollar, not let our dollar catch up, which is a good thing.

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xoAllixs0n


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Quote: from Event Horizon at 12:08 pm on Oct. 28, 2008

Quote: from xoallixs0n at 12:04 pm on Oct. 28, 2008

It used to be double our dollar. How sad is that?

 Well, an economic depression will do that to you.


??
I think you have it backwards...
It's BAD when the euro is double the dollar, that means if you were to go to europe with $100, you'd be left with 50 euro. =bad.

Economic crisis should decrease the value of the dollar, so that the euro was even MORE than our dollar, not let our dollar catch up, which is a good thing.


Quote: from barnabas at 12:01 pm on Oct. 28, 2008
why are you surprised by that?
Because we are in a major economic crisis. Not too long ago the euro was at and/or above 2:1 with the american dollar. To see the dollar actually INCREASING in value [or at least the euro decreasing] is surprising.

This is what I meant.

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easy


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People exaggerate everything as being worse than it is

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jamesish


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Is is 2.248 good or bad?

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Rodiggidy


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everyone's in economic crisis.

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