SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Foreign Affairs Discussion Group
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bentway who wrote (211198)12/29/2006 8:59:59 AM
From: Elroy  Read Replies (2) of 281500
 

I get nearly 11 Mexican "bucks" for one US buck.


So? You can get about 110 Japanese "bucks" for one US buck. The ratio of foreign currency to US currency is not the important thing. You can get 2 US bucks for one Latvian "buck", so do you want to be more like the Latvian buck?

You're using jingoism to prove some point.

Even Mexicans would rather have a US buck, as it's likely to be worth nearly the same the next day, the next week, the next year (or, it WAS).

Mexican currency speculators make bets both ways every day.

Compared to other world currencies, especially the Euro, the US dollar appears to be headed the same way.

If you mean decline in value, that is the consensus view. We shall see.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News