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Reply #97: Well, I may be mistaken, but this is how I see the currency thing [View All]

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daleo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Dec-13-04 10:48 AM
Response to Reply #95
97. Well, I may be mistaken, but this is how I see the currency thing
Suppose in 2002 you bought 1,000,000 units of wine at 10 euro per unit.

So in 2002 it would cost you $9,000,000 to buy the 10 million euros you need to buy the wine. In 2004, you would need $13,500,000 to buy the million Euros needed for the same amount of wine. So, you are spending $4,500,000 more to get the same amount of wine, at least as expressed in U.S. currency. At least that's my simplistic way of thinking about it.

I imagine there are lots of other things going on, though. I have read that GM foods have been an overall money loser for agriculture, as well, so I am not defending them.

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  -White House can't explain lurking trade imbalance Judi Lynn  Dec-07-04 12:04 PM   #0 
  - Gee  fertilizeonarbusto   Dec-07-04 12:06 PM   #1 
  - You forgot Clinton  StClone   Dec-07-04 12:08 PM   #2 
  - How could I forget!  fertilizeonarbusto   Dec-07-04 12:11 PM   #8 
     - the effete intellectual snobs!  mulethree   Dec-07-04 01:16 PM   #31 
  - No - the decline in agri-export is CLINTON'S FAULT!  Dr_eldritch   Dec-07-04 12:09 PM   #4 
  - No, no, no.  talk hard   Dec-11-04 05:28 PM   #74 
  - not just agriculture either. He sold the boat to China.  GHOSTDANCER   Dec-11-04 06:54 PM   #78 
  - No, no, no. It's the fault of the internet conspiracy theorists! n/t  distantearlywarning   Dec-07-04 12:09 PM   #6 
  - Yeah, THAT'S it!That's the ticket. It's the Internet Conspiracy Theorists.  Judi Lynn   Dec-07-04 12:21 PM   #18 
  - Thank God, I feel much better now!!!  alittlelark   Dec-07-04 12:38 PM   #25 
  - MOORE! It was Michael Moore...  AuntiBush   Dec-07-04 02:39 PM   #48 
  - You forgot Clinton,  devinsgram   Dec-11-04 09:23 PM   #84 
  - What's To Explain?  Demeter   Dec-07-04 12:08 PM   #3 
  - I agree, I really think the objective is to destroy the U.S.  KingChicken   Dec-07-04 01:31 PM   #35 
     - Too bad you don't know the reasons for him doing this.  Blue State Native   Dec-07-04 02:41 PM   #49 
     - Easy  lulu   Dec-08-04 02:27 PM   #59 
     - Steal all he can while he is able to.  Blue State Native   Dec-08-04 04:49 PM   #70 
     - It's the only way we don't have to repay this............  GHOSTDANCER   Dec-11-04 06:56 PM   #79 
     - This is why...............!  Sugarbleus   Dec-11-04 08:36 PM   #83 
        - Hitler did nothing in a "Prussian way".  Kellanved   Dec-12-04 06:44 PM   #89 
     - fo lo lo lo lo lo lo lo lo leeee. folly pure and simple  ooglymoogly   Dec-07-04 03:22 PM   #51 
  - another milestone for our fearless leader  ooglymoogly   Dec-07-04 12:09 PM   #5 
  - His incompetence is the stuff of legends.  Sentinel Chicken   Dec-07-04 12:15 PM   #12 
  - done  mmonk   Dec-07-04 12:18 PM   #13 
  - He did that in the first year.  dkofos   Dec-07-04 12:54 PM   #28 
  - You have to be voted president to be put in history.....  canadianbeaver   Dec-07-04 01:22 PM   #33 
  - Not necessarily  StopThePendulum   Dec-08-04 03:54 PM   #65 
  - Oh, I think he's already done that.......  llmart   Dec-08-04 03:06 PM   #61 
  - He can stop trying. He succeeded brilliantly in assuring that place.  Mokito   Dec-08-04 03:53 PM   #64 
  - I worry that God is.  HypnoToad   Dec-12-04 11:33 AM   #86 
  - So what does this mean in a practical sense  Bouncy Ball   Dec-07-04 12:11 PM   #7 
  - *ting!*  fertilizeonarbusto   Dec-07-04 12:12 PM   #9 
  - Good.  Bouncy Ball   Dec-07-04 12:18 PM   #14 
     - You do mean "putting food on your family," right?  strategery blunder   Dec-07-04 01:51 PM   #40 
  - Many vegetables and such are out of season, hence higher prices.  HypnoToad   Dec-12-04 11:35 AM   #87 
  - This is news?  WildClarySage   Dec-07-04 12:15 PM   #10 
  - Newton? Why are you spewing that heresy on the imperial messageboard?  DireStrike   Dec-07-04 12:21 PM   #17 
  - there you go - quoting "junk science" again. .... eom  UpInArms   Dec-07-04 02:35 PM   #47 
  - Newton!?  Mokito   Dec-08-04 04:00 PM   #66 
  - But what actually caused this?  livinbella   Dec-07-04 12:15 PM   #11 
  - Good question, I'm curious to know, too.  Bouncy Ball   Dec-07-04 12:18 PM   #15 
  - I'll give it a shot  MadHound   Dec-07-04 04:00 PM   #55 
     - "our competitor is our friend. our customer is our enemy"  fishnfla   Dec-07-04 04:22 PM   #56 
     - Excellent points  NickB79   Dec-08-04 02:12 PM   #58 
     - Good point, however I was thinking  MadHound   Dec-08-04 03:41 PM   #63 
        - Good Analysis  BronxBoy   Dec-12-04 11:28 AM   #85 
     - How would you characterize larger farms which  amandabeech   Dec-08-04 04:09 PM   #67 
  - A: Comparative Advantage  Barkley   Dec-08-04 04:11 PM   #68 
  - Shit, this don't suprise me... they couldn't explain a Ham Sammich!  Endangered Specie   Dec-07-04 12:20 PM   #16 
  - mmmmmm ... ham sammich.  talk hard   Dec-11-04 05:27 PM   #73 
     - doh! eom  genieroze   Dec-11-04 08:24 PM   #82 
  - Its EASY --- LOOK AT WALMART  saigon68   Dec-07-04 12:23 PM   #19 
  - And bush represents  mmonk   Dec-07-04 12:29 PM   #21 
  - Good point.  noshenanigans   Dec-07-04 01:37 PM   #37 
  - Personally, I like this writer's style  susu369   Dec-07-04 12:27 PM   #20 
  - ... That's "Dear Leader" ;^) n/t  FULL_METAL_HAT   Dec-07-04 12:36 PM   #24 
  - Maybe they're boycotting the u.s. over there....eom  Mend   Dec-07-04 12:30 PM   #22 
  - It's no accident. Republicans/big business are doing what they can to make  AP   Dec-07-04 12:30 PM   #23 
  - Oh, this is great. Just great.  shrike   Dec-07-04 12:40 PM   #26 
  - Yeah. You'd think that even if we shipped all our factories overseas...  AP   Dec-07-04 12:45 PM   #27 
     - Leaves room for more golf courses, AP!  Judi Lynn   Dec-07-04 12:56 PM   #29 
     - Or hunt clubs! Horses and hounds in the blue states. Just hounds in the...  AP   Dec-07-04 01:13 PM   #30 
     - Exactly, but these desert mountains make a tough par 4. n/t  VegasWolf   Dec-07-04 02:19 PM   #45 
     - There was a thing on the news about a year ago in Washington State  hatrack   Dec-07-04 03:19 PM   #50 
        - And they'll probably have to sell their land to a big agro-business  AP   Dec-07-04 03:29 PM   #52 
        - One of the problems...  XemaSab   Dec-11-04 08:12 PM   #80 
        - This has happened in Upstate NY as well..  mamalone   Dec-07-04 03:39 PM   #53 
           - Look at it this way when it comes to living next to apple orchards  sherilocks   Dec-13-04 07:51 AM   #94 
  - China,  msgadget   Dec-07-04 01:21 PM   #32 
  - PRI had a report a week or two ago.  igil   Dec-07-04 01:26 PM   #34 
  - Yes, our diet has changed: we buy locally grown organic produce  Barrett808   Dec-07-04 01:55 PM   #42 
  - Yurps never did like GM. The cars or the food  DS1   Dec-07-04 01:33 PM   #36 
  - The weather sucked this year.  trogdor   Dec-07-04 01:49 PM   #38 
  - hmmmm - could it be  RPM   Dec-07-04 01:51 PM   #39 
  - Flat line?  iam   Dec-07-04 01:52 PM   #41 
  - Support Bu$h and lose the farm. Doh! Nice going, Middle America!  Zorra   Dec-07-04 01:58 PM   # 
  - Odd silence...all the way round--odd, whisper of "least he got values"  Supersedeas   Dec-08-04 03:09 PM   #62 
  - Well, I can explain it  brentspeak   Dec-07-04 01:58 PM   #43 
  - In case you had not noticed, here's the new situation:  fshrink   Dec-07-04 02:13 PM   #44 
  - They better ramp up the gay marriage issue before the sheep  VegasWolf   Dec-07-04 02:20 PM   #46 
  - My family is about 2/3 farmers  FreeCajun   Dec-07-04 03:43 PM   #54 
  - well, i can. its called warfare by other means, and we're losing the war.  kodi   Dec-07-04 05:11 PM   #57 
  - Just like they can't explain.....  Megahurtz   Dec-08-04 02:46 PM   #60 
  - They're doing a great job suppressing this story.  gatorboy   Dec-08-04 04:43 PM   #69 
  - I suspect Ann knows and won't or isn't allowed to say why.  napi21   Dec-08-04 04:52 PM   #71 
  - I'm Sorry one more time...  Massachusetts   Dec-08-04 05:28 PM   #72 
  - HOW THE HELL  pig.   Dec-11-04 06:50 PM   #75 
  - kick  pig.   Dec-11-04 06:51 PM   #76 
  - Tic Toc TicToc..............Hmmmmm......smell a rat????  goforit   Dec-11-04 06:52 PM   #77 
  - It's Carters's fault. eom  genieroze   Dec-11-04 08:18 PM   #81 
  - more evidence against Bush  Guarionex   Dec-12-04 12:16 PM   #88 
  - A good chunk of this is probably devaluation of the U.S. dollar  daleo   Dec-12-04 10:59 PM   #90 
  - But the stats are dollar denominated  sweetheart   Dec-13-04 07:59 AM   #95 
     - Well, I may be mistaken, but this is how I see the currency thing  daleo   Dec-13-04 10:48 AM   #97 
        - I see what you're saying  sweetheart   Dec-13-04 01:31 PM   #99 
  - Y'all gotta trust the free market!  msgadget   Dec-12-04 11:12 PM   #91 
  - Falling dollar + US. factories closing + Brasilinian Produce + Increased  bettyellen   Dec-13-04 12:17 AM   #92 
  - No, they don't read the papers  Art_from_Ark   Dec-13-04 07:22 AM   #93 
  - Sounds like the Global Economy is leaving us behind.  Willy Lee   Dec-13-04 08:26 AM   #96 
  - The Worlds Best Kept Secret: THEY ARE BOYCOTTING US PRODUCTS  Beetwasher   Dec-13-04 10:50 AM   #98 
 

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