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To: Toddsterpatriot

It wasn’t too long ago that the peso was less than one cent, and the Canadian was 66 cents.


36 posted on 09/19/2007 9:55:26 AM PDT by editor-surveyor (Turning the general election into a second Democrat primary is not a winning strategy.)
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To: editor-surveyor
It wasn’t too long ago that the peso was less than one cent

Perhaps you'd post the chart?

42 posted on 09/19/2007 10:27:03 AM PDT by Toddsterpatriot (Ignorance of the laws of economics is no excuse.)
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To: editor-surveyor
“It wasn’t too long ago that ... the Canadian [loonie] was 66 cents.”

While the Canadian dollar appreciated against the U.S. dollar over the past five years, the Canadian economy stalled vis a vis the U.S. economy. I’d rather have a strong economy than a strong dollar. I can hedge currency risk much more easily than I can hedge employment risk.

46 posted on 09/19/2007 11:14:19 AM PDT by riverdawg
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