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Posted 2008-06-01, 07:49 AM in reply to Coffeedagger's post starting "I would just be converting my money as..."
Coffeedagger said:
Not to spend but to save since their dollar value seems more stable and to be increasing more than the american dollar.
Come again? The European dollar value? You've lost me completely - explain what you think you mean.
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Posted 2008-06-01, 04:50 PM in reply to Lenny's post starting "Come again? The European dollar value?..."
I just think that the american dollar value is plummeting so i want to convert my monetary units into Euros where they might be more secure.
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Posted 2008-06-02, 04:24 AM in reply to Coffeedagger's post starting "I just think that the american dollar..."
Compared to the British economy, the Euro is weakish - it's only recently that it's dropped from £1 = €1.50 to £1 = €1.25. Your money would be safer as sterling... as long as the American dollar continues to fall. If it begins to rise, then you'll find yourself in a position where if you convert your sterling back to USD, you'll have less than you started with.

Plus there's the fact that the British economy is slowly being fucked, with ludicrous petrol prices and high interest rates (well, 5% - the highest they've been for years), but that can be traced to America and your damned wars and the credit crunch a year or so ago.
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Posted 2008-06-02, 01:25 PM in reply to Lenny's post starting "Compared to the British economy, the..."
What is "sterling"?
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Posted 2008-06-02, 01:27 PM in reply to Coffeedagger's post starting "What is "sterling"?"
British currency.
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Posted 2008-06-02, 01:29 PM in reply to Willkillforfood's post starting "British currency."
Oh really?, ok thanks.

So you suggest by now just leave my monetary units as american dollars?
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Posted 2008-06-03, 06:16 AM in reply to Coffeedagger's post starting "Oh really?, ok thanks. So you..."
Pretty much.
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