I heard that the canadian dollar is worth more then the US dollar currently, is this correct?
- im so happy about it and cant wait for the peso to take the lead……sarcasm
- im so happy about it and cant wait for the peso to take the lead……sarcasm
- Yes it is correct. The dollar is in steep decline since Bush came into office. If you peruse the Internet and dig up the Dollar Index chart you’ll notice that the dollar has fallen from 120 on the chart when Bush took office to about 76 on the chart today.
Tax cuts for the rich combined with massive war spending are never a good thing for the value of a currency. None-the-less, that policy can serve to further enrich a cabal of wealthy elites at the expense of the general public — which is exactly what capitalism is designed to do.
- yes, it is correct.
today CAD is worth more than USD.1 USD = 0.98321 CAD
- I personally believe that we wouldnt be in the pickel that we are if the “responsable” people we have elected to office for the past 25 yrs would stop spending money like a 16 year old with there dads credit card…
How strong does our economy really look to outsiders when we havent stopped borrowing money since the was it reagan or nixon?
- It’s more correct to say that the American dollar is worth less than the Canadian dollar, since the Canadian dollar is worth less than it used to be. Look at the price of gold: $800 per ounce!
The Federal Reserve is printing paper federal reserve notes rather than the
Ron Paul wants to return to honest money and abolish the Federal Reserve. He has my vote.
- http://finance.yahoo.com/currency/conver…
- Yes it is, 1 US dollar to .98 Canadian cents. I really don’t think too much about it; I’m still looking forward to my