Welcome New User! ( Create Account | Sign In )

How WebAnswers Works|Become an Expert|FAQs|Advanced Search

Maximize

You are here: Home Categories Business Is the US dollar decreasing in value or the Candia...

Previous | Next

Question

Submitted 402 days ago...

sidelko

Brain (3,056)

Is the US dollar decreasing in value or the Candian dollar increasing in value?

I read an article in the paper today about how Canadians are loving the fact that they can come to US and buy things so cheaply now because of the value of the Canadian dollar at times, being worth more then the US dollar.

http://www.rockymountainnews.com/news/2007/dec/04/canadians-find-vail- doggone-cheap-eh/

With all the subprime loan fallout, and the decrease of the USD against all other world currencies, wouldn't have been more accurate to say that the USD has fallen in value against the CAD, instead of the CAD has gained in value against the USD.

It almost seems like it would be something bad, that would reflect negatively on the US and its currency if newspapers and media said that the USD was falling in value instead of all these currencies gaining in value.

Share | Abuse

Answers

Awarded Answer (What’s This?)

Answer 1 / 1

Submitted 402 days ago...

primetime001

Expert (967)

Doesn't really matter how they spin it -- the dollar is weak and has been for months.

It will adjust itself back up over the next few years. A weak dollar isn't necessarily bad for the US, btw. US manufacturing benefits since US exports are cheaper. As manufacturing grows, there will be more job opportunities. It's possible that we'll see inflation, the Fed is watching that closely.

Share | Link | Abuse

This Question was awarded 384 days ago therefore you can no longer post an Answer. However you may post a comment below.

Comments

Comment 1 / 1

Submitted 384 days ago...

sidelko

Brain (3,056)

I thought there would have been more feedback on this topic about the US and Canadian dollar.

Share | Link | Abuse

Add A Comment

Related Questions

Whats the value of a 100 dollar confederate bill?

I have a 100 dollar confederate. aug.20,1862 i would like to know the value of it.

View Question

Price for 1971 eisenhower u.s. proof dollar

What is the current price for a 1971 eisenhower u.s. proof dollar my e mail address is...

View Question

Dollar limit that tx. small claims crt. allows

What is the limit of dollar value the small claims court allows? does it go up to $15,000? thank...

View Question

What class action law suit do i go to for store managers working way over the hours, there suppose to work?

Store managers that work for dollar general, has to get the freight out in 48 hrs. even thou...

View Question

Is a workplace required to supply toliet paper & paper towels? can they require you to bring your own? please read on.

This business is in the state of california. we are required to bring in our own paper towels...

View Question

Can the 700 plus billion dollar bail out help corporate business that is close to forclouser?

I am concered about a large corporate that has already laid off over 1000. i need to know...

View Question

Charitable contributions in a business - wholesale or retail?

When you are self employed and make a charitable contribution of your end of year inventory,...

View Question

Secured investment contracts

I own a dollar store and i am trying to raise money to expand my company, but i do not know...

View Question

Rtd overstepping there bounds?

I saw this article in the newspaper today about how rtd (the local denver bus transit company)...

View Question

Starting a website as charity

We would like to start a charity for people that have had a car accident to help them. the...

View Question