Does A Dollar Buy What it Did a Year Ago? (Answer to win $10)
Posted July 21, 2009 - 09:00 by Linsey Knerl
Does a dollar buy the same things it did a year ago? Share your experiences to be entered to win $10 in our Trivia Tuesday giveaway!
dollar
The sinking dollar, as viewed from overseas
Posted November 25, 2007 - 05:39 by Philip Brewer
To someone in the US, the decline in the value of the dollar has mainly made itself felt up to now in the form of increases in the prices of globalized commodities--everything from oil to nonfat dry milk. Consumer goods, even though many are imported, have only just very recently begun to show price increases. When you look at the picture as viewed from overseas, though, it's not as simple as just seeing the reverse.
The sinking dollar
Posted September 24, 2007 - 14:23 by Philip Brewer
It takes more than $1.40 to buy one euro today. It cost less than $1 as recently as late 2002. A Canadian dollar is worth just about exactly a US dollar--a parity not seen since the 1970s. Should Wise Bread readers care? If so, what should they do?
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