Posted November 25, 2007 - 05:39 by Philip Brewer
Personal Finance
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.
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Posted November 5, 2007 - 13:07 by Philip Brewer
Food and Drink
For more than thirty years, nonfat dry milk was a frugal staple. For things like baking and making yogurt, it was as good as fresh milk. Not many people wanted to drink the stuff, but a whole generation of frugal folks knew you could use it as an extender--make up a quart of nonfat dry milk and mix it with a gallon of fresh milk. Since late summer last year, though, nonfat dry milk has been priced like a gourmet specialty item. What happened?
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Posted September 24, 2007 - 14:23 by Philip Brewer
Personal Finance
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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