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Topic 1 euro = $1.248
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Original Post
Micus Posted at 8:59 am on Oct. 28, 2008
I don't know why, but this figure is surprising.

Replies
SAMMYJS99 Posted at 3:54 pm on Nov. 8, 2008
Quote: from Bobman21 at 3:04 am on Nov. 1, 2008

We're finally coming back to initial-pricing parity.

AKA inflation

Bobman21 Posted at 12:04 am on Nov. 1, 2008
Quote: from Event Horizon at 12:03 pm on Oct. 28, 2008

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.

Never hit 2:1.  The peak was around 1.6:1 dollar:euro.  You can call that a petty difference, but that's a 20% difference.


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.

In case you don't know, the euro was initially priced at around 1.1:1 dollars:euros.  2000's was a great time for the dollar, so we only got used to the idea of 1:1 but it was never intended to be so.  We're finally coming back to initial-pricing parity.
Rodiggidy Posted at 12:15 pm on Oct. 28, 2008
everyone's in economic crisis.
jamesish Posted at 9:30 am on Oct. 28, 2008
Is is 2.248 good or bad?
easy Posted at 9:28 am on Oct. 28, 2008
People exaggerate everything as being worse than it is
xoAllixs0n Posted at 9:11 am on Oct. 28, 2008
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.

Event Horizon Posted at 9:08 am 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.

shadowpool Posted at 9:08 am on Oct. 28, 2008
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.

SAMMYJS99 Posted at 9:07 am on Oct. 28, 2008
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.

xoAllixs0n Posted at 9:04 am on Oct. 28, 2008
It used to be double our dollar. How sad is that?

Well, an economic depression will do that to you.

scalywag66 Posted at 9:03 am on Oct. 28, 2008
I thought a Euro was somewhere close to 2 dollars

Event Horizon Posted at 9:03 am on Oct. 28, 2008
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.

barnabas Posted at 9:01 am on Oct. 28, 2008
why are you surprised by that?
Kitty Kiska Posted at 9:01 am on Oct. 28, 2008
Didnt the price of a dollar go up by 1%
Wii Tard Posted at 9:00 am on Oct. 28, 2008
$1.248?
wouldn't it be $1.25 ?
Most recent 15 of 16 previous replies displayed.