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05-10-2008, 01:53 PM | #1 |
No Longer a Member Join Date: Jan 2007 Location: PORTERVILLE, CA
Posts: 1,574
| Have you heard?..... There are shops (retailers) in New York City that are now accepting the Euro as payment. It is worrisome to me as I feel this bodes ill for the dollar. It certainly won't help strengthen the dollar and may even weaken it further. |
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05-10-2008, 04:05 PM | #2 |
Donating YT 3000 Club Member Join Date: Apr 2005 Location: NJ
Posts: 4,021
| At first when I read this, I thought how can that be legal? But I guess it is. Scary though!
__________________ Teri Owned by and completely devoted to Tucker... Maddie, we will always love you Bandit, you are always in my heart Proud Member SSLS |
05-10-2008, 04:07 PM | #3 |
I heart Sugar Donating Member Join Date: Mar 2006 Location: Florida
Posts: 7,373
| Wow that is surprising. I didn't know this. Our dollar isn't doing too hot as it is. I am not great about keeping up on these things but the last I heard the Canadian dollar was stronger than ours which I don't know when that's happened before. Is that still true?
__________________ "If you have men who will exclude any of God’s creatures from the shelter of compassion and pity, you will have men who will deal likewise with their fellow men." — St. Francis of Assisi, 1181-1226 |
05-10-2008, 06:22 PM | #4 |
Donating YT 1000 Club Member Join Date: Feb 2008 Location: Michigan
Posts: 1,280
| It does concern me, but on a whole different level.
__________________ Proud Mommy of Gavin, Ethan, Morgan, Nia, Olivia, and Kiana and baby #7! Also Mommy to furkids: Cleo ,Lola, Lilly Appletini, and Diesel. and Sunny, Ethan's Golden therapy dog in training. |
05-10-2008, 06:35 PM | #5 |
No Longer a Member Join Date: Jan 2007 Location: PORTERVILLE, CA
Posts: 1,574
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05-10-2008, 07:28 PM | #6 |
Donating YT 1000 Club Member Join Date: Feb 2008 Location: Michigan
Posts: 1,280
| It just concerns me about moving to a univeral monetary unit and all of that other fun end times stuff
__________________ Proud Mommy of Gavin, Ethan, Morgan, Nia, Olivia, and Kiana and baby #7! Also Mommy to furkids: Cleo ,Lola, Lilly Appletini, and Diesel. and Sunny, Ethan's Golden therapy dog in training. |
05-10-2008, 07:30 PM | #7 |
No Longer a Member Join Date: Jan 2007 Location: PORTERVILLE, CA
Posts: 1,574
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05-10-2008, 07:31 PM | #8 |
Kyle Plus 3 Donating Member Join Date: Jul 2006 Location: Washington, DC
Posts: 6,929
| Maybe I'm just dumb, but why would it effect the dollar? Also, other countries (that I have been to) accept the dollar so what is the difference? (that sounds so rude, but I'm just curious, haha)
__________________ Kyle (me), Britney, Brooklyn, and Coral |
05-10-2008, 07:34 PM | #9 |
Donating YT 1000 Club Member Join Date: Feb 2008 Location: Michigan
Posts: 1,280
| *sigh* I know, I know. When you got little ones, end times stuff just isnt fun to think about. But as George Michael says, ya gotta have faith, right?
__________________ Proud Mommy of Gavin, Ethan, Morgan, Nia, Olivia, and Kiana and baby #7! Also Mommy to furkids: Cleo ,Lola, Lilly Appletini, and Diesel. and Sunny, Ethan's Golden therapy dog in training. |
05-10-2008, 07:38 PM | #10 |
Donating YT 500 Club Member Join Date: Apr 2007 Location: NYC
Posts: 1,859
| It also scares me too I know that it has to happen like you said so we can all go home but it is scary after reading this...i had to light a cigarette which I know is a bad thing in itself
__________________ Its SummerTime! Last edited by Mybabyboymax; 05-10-2008 at 07:40 PM. |
05-10-2008, 08:19 PM | #11 | |
No Longer a Member Join Date: Jan 2007 Location: PORTERVILLE, CA
Posts: 1,574
| Quote:
Since our money is currently valued at less than the Euro, Japanese Yen, Canadian Dollar, British Pound, Korean Won......it means that our money is devalued. Has less buying power. If you were to plan a trip to one of those places, it would cost you more because their money has higher value than ours. For example, if you went to the bank to exchange your American Dollars for their currency, it would seem that you would be getting less money. It is just that their money has a higher value than ours. If the dollar continues to decline, it will be a problem for the US as far as international business...meaning we (the US) would have to pay more for the 'whatever' because our currency is weaker. Is that about as clear as mud? LOL I probably wasn't the best person to explain it to you. Our dollar needs to be strong in the international market. | |
05-10-2008, 08:26 PM | #12 | |
Kyle Plus 3 Donating Member Join Date: Jul 2006 Location: Washington, DC
Posts: 6,929
| Quote:
Thanks.
__________________ Kyle (me), Britney, Brooklyn, and Coral | |
05-11-2008, 07:21 AM | #13 |
I heart Sugar Donating Member Join Date: Mar 2006 Location: Florida
Posts: 7,373
| Also countries who accept our US dollars do so because it's stronger than their money. If it continues to decline I'm doubt our money will be so easily welcomed anymore.
__________________ "If you have men who will exclude any of God’s creatures from the shelter of compassion and pity, you will have men who will deal likewise with their fellow men." — St. Francis of Assisi, 1181-1226 |
05-11-2008, 02:59 PM | #14 | |
Donating YT 1000 Club Member Join Date: Jan 2006 Location: GERMANY
Posts: 1,544
| Quote:
over here in germany.. the USD is WELCOMED when you pay..say at micky d's..bc they "rape" you in the euro USD exchange rate... so there for, they are charing you for the meal and a little more bc you paid in USD... its not any better when we go to the bank and get euros. I think its 1,60 Euro to are $1. I have not check it today at are bank... but are dollar is REALLY REALLY WEAK. but its sad when you go to Micky D's in another country and you are paying almost $25 for a kids meal and two adult meals. | |
05-11-2008, 03:08 PM | #15 | |
I heart Sugar Donating Member Join Date: Mar 2006 Location: Florida
Posts: 7,373
| Quote:
__________________ "If you have men who will exclude any of God’s creatures from the shelter of compassion and pity, you will have men who will deal likewise with their fellow men." — St. Francis of Assisi, 1181-1226 | |
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