Sunday, September 04, 2005

The American Dollar

I was just looking at the price of a computer accessory that I ordered off the net (@ www.ecost.com) to see if the price had changed much. The basic price of this accessory (for those who are interested, see it @ http://www.addlogix.com/usb/embed.asp?stuff=se_unixpress_body.html) did not change, but BOY did the american dollar change! According to www.xe.com , a very dynamic website that charts exchange rates between currencies down to the minute, this is where our dollar is in relation to the US Dollar:


1.00 CAD = 0.841432 USD
Canada Dollars United States Dollars

That's crazy! I remember not even a year ago one Canadian dollar was worth around 67 - 70 something cents American. What has been happening to the American dollar that its losing its value? Is this symptomatic of problems the US has been having with gas? Gas prices have sure skyrocketed here I know that much!

Anyway hopefully someone can give me some answers.

Till next itme,

- Inkhorn

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