$1 USD = 1.0334 CAD (1 USD = 1.0334 CAD) Holy Crap! (Btw, CAD = Canadian Dollar)

[Up2Late]

This is really getting bad, because once the Canadian Dollar is worth more than the U.S. Dollar, they can enslave us, right? :P :evilgrin:

Btw, I found this great Currency converter at this link: <http://www.myczechrepublic.com/czech-currency-converter.php>

[jgraz]

1. Thanks a lot, Chimpy McCrapmeister

:banghead:

[gateley]

2. I lived in Seattle most of my life and we were always running up to

Vancouver to shop because the USD bought SO MUCH MORE up there. The horror.

[Robbien]

3. Now that is surprising.

Holy crap indeed!

[gateley]

4. PS - Thanks for the link! nt

[Canuckistanian]

5. When did that happen?

Last time I checked, the CAD was at 93c against the USD.

[Up2Late]

14. The USD has lost a lot of value this month, here's the new rates...

1 CAD = 0.9677 USD (1 CAD = 0.9677 USD)
1 USD = 1.0334 CAD (1 USD = 1.0334 CAD)

<http://www.myczechrepublic.com/czech-currency-converter.php>

[KharmaTrain]

6. My EASA Fund Looks Better Every Day

You can't go wrong if you bet against booosh...and while its sad to see the dollar tanking...it's due to borrowing and defecits of this regime. Those who were smart enough to invest in foreign currencies (hedging on booosh continuing to squander the US treasury) are doing very well right now.

Enslave us? Who? Canada? China? Nah, they need us to keep spending and spending. Slaves aren't big spenders.

[MrScorpio]

7. AS a native Detroiter, I'm amazed

Never thought I'd live to see that

[notadmblnd]

8. Living in Michigan I always use Canada as an example

when I explain to people how much our dollars are not worth. Most places here won't even take Canadian coin, I'll bet that will change soon.

[knitter4democracy]

17. It sure amazes me.

I remember when it was $1.75 CAD to our dollar. It wasn't that long ago. We're not doing so hot, eh?

[Gregorian]

9. I remember it was $1.52 just four years ago.

I was looking at finding a piece of property out of the country. I remember that number.

[Spazito]

11. Yes, I went on an Alaskan cruise in 2002 and it cost me over

$1.50 Canadian for every US dollar. The economists in Canada have been predicting par by the end of September, I am not sure I buy that but parity is certainly possible by the end of the year.

[woofless]

37. The local stores in our little town close to the border

have been trading at par for a month or more. Either currency is accepted.

[KAZ]

10. Currency valuation is what drives the Chimp to do what he does.

I'm surprised there's not more talk about this on DU.

[lovuian]

12. Americans have had their wealth stolen by Bush Government

this is one example if we didn't fight all these wars we would be rich indeed something the NWO doesn't want

they want the Amero by putting the Canadian Dollar and Peso together One currency the Amero

this is part of the NWO plan

[Selatius]

13. Just keep borrowing more money, Bush. Just keep burying us in debt.

Maybe, just maybe, you can kill the Republic for all time.

[Up2Late]

15. kick n/t

:kick:

[Up2Late]

16. kick n/t

:kick:

[mmonk]

18. I still remember people telling me

I was crazy to buy euro shares. I haven't heard from them in a year.

[Romulox]

19. I don't see this as a bad thing...

Cheaper dollar means American goods are a better values, and imports are more expensive.

[Up2Late]

24. "...American goods are a better values?" What "...American Goods???"

Please tell me what "American Goods" you have bought in the last month!

Yes, you ARE right on your second RW Talking Point, "...imports are more expensive..."

YES, But we import just about EVERYTHING!

So (A) we Import Everything + (B) EVERYTHING is More Expensive = (C) Inflation

And since we Import Everything, that means we Manufacture NOTHING, which means fewer Americans with Jobs which depresses wages!

So (A) Depressed wages + (B) Higher Prices = (C) fewer customers!

So tell me again how this is NOT a Bad Thing!?! And Please, no Fox "news"/RW Talking Points this time.:grr:

[Romulox]

41. Supporting US manufacturing is now "right wing"?

Lemme guess: Hillary supporter, huh? :eyes:

[Mountainman]

26. Fool, we don't export anymore. We import everything we consume!

[Romulox]

39. You don't know your state flags so well, do you?

:hi:

[Romulox]

40. The US is the #3 exporter in the world...nt

[Mountainman]

43. You are right I think, the balace of payments is looking better.

The current account is improving, I was wrong

[SidDithers]

42. Energy imports are more expensive, though...

And you import more oil from Canada than anywhere else. So, all that oil is getting more and more expensive, which ripples through the whole economy.

Sid

[SidDithers]

20. $80 / barrel oil will do that...

the $CDN closed over $.97 yesterday.
http://stockgroup.canada.com/sn_overview.asp?symbol=I1:CD\Y

Great for us Canadians buying stuff. Bad for us manufacturing and selling stuff.

Sid

[Romulox]

38. Responded to wrong poster...sorry. nt

[Goblinmonger]

21. See, that just shows how shitty their health care is

I mean if they are catching up...oh, wait, nevermindnothingtoseehere

[terrya]

22. Wow

They've gone beyond parity.

Well, good for Canada. :-)

[Up2Late]

28. Not quite yet, sitll $0.03 to go...

But it could happen this month.

1 USD = 1.0309 CAD (1 USD = 1.0309 CAD)
1 CAD = 0.97 USD (1 CAD = 0.97 USD)

<http://www.myczechrepublic.com/czech-currency-converter.php>

[DavidDvorkin]

23. www.xe.com is a fine converter

with a nice display that updates every minute.

The Canadian dollar has been worth more than the U.S. dollar for fairly long periods in the past. It's not unprecedented.

[Up2Late]

29. "The Canadian dollar has been worth more than the U.S. dollar...in the past...." When???

Not in my lifetime, and I'm 43 years old.

[SidDithers]

31. Amazingly enough, it was Jan 1976...

I'm 40, and I don't remember it either.

Bank of Canada lookup page here: http://www.bankofcanada.ca/en/rates/can_us_lookup.html

Sid

Edit: sorry, was on Par in Jan 76, not worth more.
Edit again: was Nov '76 last time it was worth more.

[DavidDvorkin]

33. Before you were born. :)

See these two links for some history:

http://en.wikipedia.org/wiki/Canadian_dollar

http://www.justiceplus.org/thedollar.htm

[Up2Late]

35. Hum, O.K., Thanks for my "...learn something new everyday..." moment today.

To be fair, I was 11 years old at the time, but you are right.

Still, compared to how much it was worth just a few years ago, this is rather disturbing, to me at least.

[Mountainman]

25. If you go to the international ebay and see the price of things in pounds then see the conversion

it knocks you socks off!

[Ganja Ninja]

27. That's it!

I'm putting all my money into Pesos.

[DaveJ]

30. Why does that matter?

Sorry, I'm not an economic expert, but a lot of countries have a higher currency value. I supposed most of them are nicer places to live too. Canada's a nicer place to live, and I'm certain they don't need American's coming over there messing up their beautiful communities.

But, as a non expert, I am asking how does that bode poorly for the U.S. economy? I would think that more people would buy American if our dollar is a little cheaper. :shrug:

[Spazito]

34. The US imports oil, gas, electricity all of which will cost a

great deal more with the decline of the US dollar. The US is no longer the powerhouse manufacturing country it once was, one needs only to see the closed steel factories, etc, to know this and to see which big US corporations have outsourced the manufacturing of their products. The US could reverse this but there would be a very painful gap of time before one would see the "buy American" being a reality.

[Up2Late]

36. Can you name 5 -- 100% "Made in the U.S.A." manufactured products you've bought in the last month?

We Import almost everything now and CANADA, Not Saudi Arabia, is where we Import most of our Petroleum Products from!

[OmmmSweetOmmm]

32. Wow! The Canadian Dollar used to be worth steadily about 75% of the US Dollar.. nt

[Solar_Power]

44. Soon Canadians will be flocking to the US to buy goods

and then it'll all balance out ")

[Yukari Yakumo]

45. It's actually worth a little less.

http://www.x-rates.com/d/CAD/USD/graph120.html

1$USA = 1.029$CAN

Down from 1.158$CAN in mid-April.

[Up2Late]

46. Just shows how fast it's dropping, What I posted was right yesterday...

...now it's even less.

[Yukari Yakumo]

47. The lowest point since 1970...

$1 US = $0.9628 CAN in 06/25/1976.
The dollar may sink to levels not seen since the last few months of the Ford Administration.

Will the Chimpenfurher sink it beneath that level!?

Does anyone have KO's e-mail handy for the moment the US dollar sinks beneath the Canadian dollar?