Hey, but at least the dollar is worth more than the Monopoly game board dollar....

[marmar]

..... for now. :scared:



Current dollar trading rates:

1.00 USD = 0.984568 CAD
United States Dollars Canada Dollars
1 USD = 0.984568 CAD 1 CAD = 1.01567 USD


1.00 USD = 0.650483 EUR
United States Dollars Euro
1 USD = 0.650483 EUR 1 EUR = 1.53732 USD


1.00 USD = 0.497237 GBP
United States Dollars United Kingdom Pounds
1 USD = 0.497237 GBP 1 GBP = 2.01111 USD


http://www.xe.com/ucc/

[Possumpoint]

1. Is It?

They're both paper dollars. The difference being one is backed by the US Government. At the rate we are going into debt there soon will be much less difference. Fiat money has been the downfall of many governments and empires through the course of time. Our turn is coming.

[Doctor Cynic]

8. No. The Greenback is backed by zip, zero, nada, zilch, nothing.

A currency is only worth anything if people think it's worth anything. It isn't backed by the US Government, you can't get something from the secret Manhattan gold stash with US dollars, and the Federal Reserve is not accountable to any government and rightly so. Can you imagine Chimpy controlling the supply of US Dollars? We'd all by billionaires by now!

[Prefer]

2. So do the Brits have double the buying power

on our real estate market?

Can they buy a 600,000 home for 300,000?

[Rosemary2205]

3. No it isn't

Monopoly lets me buy a whole damn railroad for 200 smackers. Try that with the USD. :)

[sicksicksick_N_tired]

4. I wonder if people realize every dollar they earn is worth 25-45% less?

We are being pushed into a slave-supported economy.

Most are all ready spending 14 hour days just trying to survive.

[aquart]

5. Unless it's an original set and you go on Antiques Road Show.

[bemildred]

6. Yeah, but for how long?

If your home is worth 80% of what it once was, and the dollar is worth 80% of what it once was, how much is your home really worth now?

.80 x .80 = .64. Your home has lost 1/3 of it's "value".

[hootinholler]

7. Well, that's not a real breakfast!

:evilgrin:

-Hoot