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Canadian Dollar passes American dollar today

PostPosted:Thu Sep 20, 2007 12:32 pm
by Julius Seeker
Briefly this morning. http://www.cbc.ca/money/story/2007/09/2 ... ml?ref=rss

In 2002 it was worth 61 cents US.

PostPosted:Thu Sep 20, 2007 1:15 pm
by Nev
Not a bad point. If I manage to find any more dollars I may try to looney 'em up!!!!

(as our country and its international reputation slide into the shitpile)

PostPosted:Thu Sep 20, 2007 2:26 pm
by Zeus
That's right, Americans! Keep you stupid, worthless, single-coloured money outta here!

It's all due to the colour, man. That's where the real value is, people like pretty colours. You're behind the rest of the world here

PostPosted:Thu Sep 20, 2007 3:14 pm
by Nev
You have colored money!!?!?!?

I love colored money. Went to South Africa and money there is pretty.

Our money is workmanlike and uninspiring to me, but public opinion regarding rainbows and colors in general, and gays, probably would prohibit brightly rainbowed money.

I just had a *wicked* idea about combining the best aspects of money and collectible card games, but I'm not sure the world is ready for that kind of evil. ;)

Kind of wish I lived in a country where you could play games with the money like Tetra Master, so to speak. I guess you can, with Magic cards, but I swear if there was, like, a CCG *on money* I would be rich. I would be rich beyond the mind of measured man.

By thte way, I must confuss that I'm blown out of my asshole and for some reason thinking of Rainbow Brite. God dammit, Sine, I think your style of fucked up honesty is infecting me or something.

PostPosted:Thu Sep 20, 2007 3:22 pm
by Nev
Zeus, we should talk about monetization and games someday.

PostPosted:Thu Sep 20, 2007 3:58 pm
by Zeus
Nev wrote:Zeus, we should talk about monetization and games someday.
Someday when I'm not going nuts at work, sure

PostPosted:Thu Sep 20, 2007 4:09 pm
by Lox
Don't we have colored money now or did they do away with those colored $20's and $50's? For a while there I was seeing some with red hues and such.

PostPosted:Thu Sep 20, 2007 8:21 pm
by SineSwiper
Actually, Nev, the colorization of money is a very good functional thing. You can identify the bill based on the color very quickly. I think Canada's coins has different shapes and ridges, too, for quick identification in your pocket, or for the blind.

Your reaction is the very reason why we don't have colored money, nor do we have a good $1 piece. (Ban the dollar bill, goddammit!)

PostPosted:Thu Sep 20, 2007 11:20 pm
by Zeus
SineSwiper wrote:Actually, Nev, the colorization of money is a very good functional thing. You can identify the bill based on the color very quickly. I think Canada's coins has different shapes and ridges, too, for quick identification in your pocket, or for the blind.

Your reaction is the very reason why we don't have colored money, nor do we have a good $1 piece. (Ban the dollar bill, goddammit!)
They keep trying to give you guys a dollar coin every few years and ya'll just reject it faster than the $2 bill. We actually have a $2 coin and are very close to getting rid of the $5 and $10 bills and using a $5 coin.

It really is much easier with the coloured money. Even when they're in your wallet you can tell exactly how much you have. The hues they had on your bills was a way to try to wean the Americans to join the rest of the world but ya'll just stubborn rednecks :-)

PostPosted:Thu Sep 20, 2007 11:25 pm
by Tessian
Yup, every few years the Mint puts out another dollar coin (Sakajewian dollar?) but everyone fucking hoards the coins because they don't think they'll last... and it's a self-fulfilling prophecy since because they hoard the coins they fail as a new piece of currency in distribution.

Our currency is pretty obsolete... one of the few that isn't colorized and such

PostPosted:Thu Sep 20, 2007 11:31 pm
by Flip
WTF do i want with water colors on my money? I'd rather not have some potential thief know how much is in my wad when i pull that fat mother fucker out to pay for a goddamn sandwhich.

Fuck coins... i dont need $6,000 getting lost in my couch and inbetween/under the car seats.

PostPosted:Fri Sep 21, 2007 1:35 am
by Nev
SineSwiper wrote:Actually, Nev, the colorization of money is a very good functional thing. You can identify the bill based on the color very quickly. I think Canada's coins has different shapes and ridges, too, for quick identification in your pocket, or for the blind.

Your reaction is the very reason why we don't have colored money, nor do we have a good $1 piece. (Ban the dollar bill, goddammit!)
I love colored money. Where did you get the idea that I don't support it? I just doubt others would.

...Your reaction is why I tend to think you're not very good at reading people sometimes...

PostPosted:Fri Sep 21, 2007 7:52 am
by SineSwiper
Fine. Flip's reaction is the is the very reason why we don't have colored money. Fucking Flip and his reactions!

You're ruining it for the rest of us. Join the rest of the world, dammit!

PostPosted:Fri Sep 21, 2007 8:08 am
by Nev
Sine, I am sitting here frustrated about my near-blacklisting from corporate America here, and you're trying to be flippant and mostly irrelevant.

Sorry to unleash a bit of my bad five years on you, but you are soooooooo....god, I don't even know. Like me five years ago before I realized I was substantially less entertaining than I thought, and that mostly people were going to look somewhere else for their party experience.

Get the colored-money bill on a federal ballot and I'll vote for it. Otherwise, *please* just quit unleashing your bizarre, incomprehensible attempts to socialize with me. Okay? I'm not feeling it really on this one.

PostPosted:Fri Sep 21, 2007 9:39 am
by Flip
SineSwiper wrote:Fine. Flip's reaction is the is the very reason why we don't have colored money. Fucking Flip and his reactions!

You're ruining it for the rest of us. Join the rest of the world, dammit!
Seriously, though, my points are valid. When i'm flipping through money in line, I know how much i have because it is right up in my face, why make it known to everyone how much cash you are carrying? I'll give up the ease of instantly knowing how much i have to prevent theft. It takes, what, 5 extra seconds when it is all the same color?

Also, i truly believe that coining dollar amounts invites inflation. I'd love to see some numbers on that... maybe i'll look into it. No one cares about coins, making a $1 and $5 coin would probably increase the rate of inflation in this country.

PostPosted:Fri Sep 21, 2007 11:30 am
by Joe
It's happened before.

This is actually good. More American products will get exported and this may be bad news for Japan and Europe. Eventually, this itself will caus the dollar value to go back up.

Yes, I'm old.

PostPosted:Fri Sep 21, 2007 2:02 pm
by Zeus
Flip wrote:WTF do i want with water colors on my money? I'd rather not have some potential thief know how much is in my wad when i pull that fat mother fucker out to pay for a goddamn sandwhich.

Fuck coins... i dont need $6,000 getting lost in my couch and inbetween/under the car seats.
Flip, it's the idea that you pay for small stuff with coins and larger stuff with bills. It actually works out very well. We can pay for a movie with 5 coins. Sure you have to watch your coins a little more but it's really not a prob.

Might be a big issue when we move to the $5 coin and only have bills for $20 and up, though. That's pushin' it to me, but as money devalues, even $20 won't be much anymore.

There's lots of talk of eliminating the pennies and rounding to the nearest 5 (2 and 1 get rounded down, 3 and up gets rounded up) 'cause pennies are so useless now

PostPosted:Fri Sep 21, 2007 2:04 pm
by Zeus
Joe wrote:It's happened before.

This is actually good. More American products will get exported and this may be bad news for Japan and Europe. Eventually, this itself will caus the dollar value to go back up.

Yes, I'm old.
This has all been a result of a fiscal policy by the Bush administration to bring businesses back home and equal out the trade deficit

PostPosted:Fri Sep 21, 2007 5:06 pm
by Kupek
You don't care about coins because they're always worth less than a dollar. (Assuming you don't have any dollar pieces with you, which are rare.) When I was in Canada and Italy, and I had 1 or 2 dollar/euro pieces, I valued them appropriately.

Also, Flip, I don't understand your point about people being able to see your money. When I flip through my cash, it stays in my wallet. No one can see it but me.

PostPosted:Fri Sep 21, 2007 5:21 pm
by Flip
Kupek wrote: Also, Flip, I don't understand your point about people being able to see your money. When I flip through my cash, it stays in my wallet. No one can see it but me.
Money clips. I still use them, and a lot of people do. Not only in case you lose your wallet, but if you do get mugged, you toss the money clip, when they go after that you can get the fuck out of there and still have your wallet, which holds more valuable things than money.

Its the 'dont keep all your eggs in one basket' theory.

Paper money is also just so much easier to transport. A $5 dollar coin?... how do you carry 6 of those in your pocket along with a few $1's and cents? You cant put it in your wallet (if you do that with paper money) so it would be swimming around in your pockets along with keys, lighter, cell phone... what a pain in the ass. Do you know how many times i've dropped pennies and dimes fishing around for a few cents? If i lost five bucks doing that i'd be pissed as hell. It isnt easy enough to keep track of.

Honestly, i think some of you simply like the idea of a bag of coins hanging from your belt like this is friggin Middle Earth.

PostPosted:Fri Sep 21, 2007 6:14 pm
by Kupek
Eh, it doesn't make much of a difference to me either way. But from a cost-to-the-taxpayer standpoint, coins are better. Paper bills don't last nearly as long as coins.

PostPosted:Fri Sep 21, 2007 6:20 pm
by SineSwiper
Well, instead of dropping pennies and not picking them up, you drop a $1 or $5 coin, and pick it up right away. I've dropped $20 bills like that, too. (Loose and happened to not be on my clip.) It's not like I didn't notice it and pick it up right away.

The color argument is pretty shakey, too. If a robber is going to rob you, he'll just take whatever money you have available, whether it's $1s or $20s. You don't carry about large sums of cash anyway, so it doesn't matter. Hell, I see morons that carry huge stacks of $20 in their money clip just to show off their little dick. Whether it's green or red doesn't even matter. A big stack of money like that is going to attract a mugging.

Besides, their debt card system is huge. Almost everything can be bought from a single card system. You only use cash for $100 or below stuff, and cards for everything else, or you can just use cards everywhere. It's like here, but universally adopted. (The US has gotten better with debt/credit cards over the years, though.)

I dunno about you, but I hate fishing around dollar bills for a $20 among a sea of $1s. If I had $1 coins, I could use that in a vending machine and use my $10-20s for real stuff. Oh, and I fully support getting rid of pennies. Fucking useless coinage, anyway. (If you can't put it in a vending machine, it's not real money.)

PostPosted:Fri Sep 21, 2007 7:19 pm
by Zeus
Flip wrote:
Kupek wrote: Also, Flip, I don't understand your point about people being able to see your money. When I flip through my cash, it stays in my wallet. No one can see it but me.
Money clips. I still use them, and a lot of people do. Not only in case you lose your wallet, but if you do get mugged, you toss the money clip, when they go after that you can get the fuck out of there and still have your wallet, which holds more valuable things than money.

Its the 'dont keep all your eggs in one basket' theory.

Paper money is also just so much easier to transport. A $5 dollar coin?... how do you carry 6 of those in your pocket along with a few $1's and cents? You cant put it in your wallet (if you do that with paper money) so it would be swimming around in your pockets along with keys, lighter, cell phone... what a pain in the ass. Do you know how many times i've dropped pennies and dimes fishing around for a few cents? If i lost five bucks doing that i'd be pissed as hell. It isnt easy enough to keep track of.

Honestly, i think some of you simply like the idea of a bag of coins hanging from your belt like this is friggin Middle Earth.
Well, first of all, you actually spend your coins when they're worth something. You don't just collect them so you're not gonna have tons of them hanging around at all times.

Second of all, my wallet has a coin purse in it. It's relatively standard in about 70% of the wallets I've seen. It becomes more important and common when you move to coins.

Third, they're called "coin purses". No, you're not gay if you have one

And listen to Sine, he's making sense. It's not like you're gonna be waving your money clip around. And thinking that someone is going to stalk you to steal your money if they see you have it is a Culture of Fear excerpt (look up the book). It's just not nearly as common as you might think. I've been to the US a lot, a great deal of it in Flint, so it's not like I don't have US experience. It happens, even here, but it's not exactly a high probability.

And another thing you Americans need to get your heads around is debit cards. When I was in New York it was common, but I know there's still huge resistance to it down there. I get all mine for free so it's like I'm paying for every transaction. That way, I never have to worry...unless I start working under the table that is

PostPosted:Fri Sep 21, 2007 8:21 pm
by Julius Seeker
On the devaluing American dollar, it isn't going to help business in the US. For example, if I am running a business and I look at Europe and the US, and I see inflation and the devaluing of the American dollar... I am not going to sign (say) a $100,000 deal with anyone in the US, if I did that in 2002, I would be out tens of thousands of dollars. I would sign that deal with a European company, because then I would be making money rather than losing it.

On the coloured money issue while getting mugged, no need to be paranoid, it's not really an issue. First of all I don't think any of us are 60+ year old women, and second of all, if anyone here is walking around with hundred dollar bills it is likely not in a location where we're going to get mugged; does anyone here actually live in a location where muggings happen? A mugger generally isn't going to think, "hmmm, you only have blue bills, alright, keep it."

PostPosted:Fri Sep 21, 2007 9:01 pm
by Kupek
I use my debit/check card for damn near everything, but places like local coffee shops often don't accept them because they have to pay a fee to the card companies.

PostPosted:Sun Sep 23, 2007 5:43 pm
by Zeus
Dutch wrote:On the devaluing American dollar, it isn't going to help business in the US. For example, if I am running a business and I look at Europe and the US, and I see inflation and the devaluing of the American dollar... I am not going to sign (say) a $100,000 deal with anyone in the US, if I did that in 2002, I would be out tens of thousands of dollars. I would sign that deal with a European company, because then I would be making money rather than losing it.
It's to bring the US companies back home, many of whom have set up shop overseas or in Canada with a very large chunk of their business. This makes it less worth it for them to go to China or something since each dollar will only get 2/3rds of what it used to on the open market. That's the idea

PostPosted:Sun Sep 23, 2007 5:45 pm
by Zeus
Kupek wrote:I use my debit/check card for damn near everything, but places like local coffee shops often don't accept them because they have to pay a fee to the card companies.
Banks also triple charge for the debit. Once to the cardholder (per transaction), twice to the store (once for machine rental, another per transaction). It's really an enormous moneymaker for them. I don't get charged per transaction with my company which is why I use it so much

PostPosted:Sun Sep 23, 2007 6:46 pm
by Julius Seeker
Zeus wrote:
Dutch wrote:On the devaluing American dollar, it isn't going to help business in the US. For example, if I am running a business and I look at Europe and the US, and I see inflation and the devaluing of the American dollar... I am not going to sign (say) a $100,000 deal with anyone in the US, if I did that in 2002, I would be out tens of thousands of dollars. I would sign that deal with a European company, because then I would be making money rather than losing it.
It's to bring the US companies back home, many of whom have set up shop overseas or in Canada with a very large chunk of their business. This makes it less worth it for them to go to China or something since each dollar will only get 2/3rds of what it used to on the open market. That's the idea
Canada gets business because we subsidize.

Though what you are writing makes no sense, if the American dollar is devaluing, then why would a company want to move back to the US where their assets would decline? Right now the US government is not trying to increase inflation further, they are lowering interest rates to stem inflation.

PostPosted:Sun Sep 23, 2007 10:04 pm
by Zeus
Dutch wrote:
Zeus wrote:
Dutch wrote:On the devaluing American dollar, it isn't going to help business in the US. For example, if I am running a business and I look at Europe and the US, and I see inflation and the devaluing of the American dollar... I am not going to sign (say) a $100,000 deal with anyone in the US, if I did that in 2002, I would be out tens of thousands of dollars. I would sign that deal with a European company, because then I would be making money rather than losing it.
It's to bring the US companies back home, many of whom have set up shop overseas or in Canada with a very large chunk of their business. This makes it less worth it for them to go to China or something since each dollar will only get 2/3rds of what it used to on the open market. That's the idea
Canada gets business because we subsidize.

Though what you are writing makes no sense, if the American dollar is devaluing, then why would a company want to move back to the US where their assets would decline? Right now the US government is not trying to increase inflation further, they are lowering interest rates to stem inflation.
It's easier if you read up on basic economics. You're assuming that "devaluing" of the US dollar is a bad thing in this respect. It's not

PostPosted:Mon Sep 24, 2007 2:45 am
by kali o.
Zeus wrote:
Dutch wrote:
Zeus wrote: It's to bring the US companies back home, many of whom have set up shop overseas or in Canada with a very large chunk of their business. This makes it less worth it for them to go to China or something since each dollar will only get 2/3rds of what it used to on the open market. That's the idea
Canada gets business because we subsidize.

Though what you are writing makes no sense, if the American dollar is devaluing, then why would a company want to move back to the US where their assets would decline? Right now the US government is not trying to increase inflation further, they are lowering interest rates to stem inflation.
It's easier if you read up on basic economics. You're assuming that "devaluing" of the US dollar is a bad thing in this respect. It's not
Both of you are partially correct in this instance, but it's important to remember the formerly devalued dollar also plays a small role when considering US corporations having a presence in Canada (we aren't Mexico for christ sake). A stronger dollar actually helps the Canadian economy - with only certain industries suffering a hit in foreign investment (namely real estate and project-based aspects like the US-dominated film industry). There are plus and minuses to both scenario's, but I think Canada as a whole benefits more from the stronger dollar.

PostPosted:Mon Sep 24, 2007 11:45 am
by Chris
Zeus wrote:That's right, Americans! Keep you stupid, worthless, single-coloured money outta here!

It's all due to the colour, man. That's where the real value is, people like pretty colours. You're behind the rest of the world here
Actually all the new bills that are coming out are gay like your guys' as well.....woooo.....america is not almost as gay as canada.....

PostPosted:Mon Sep 24, 2007 12:30 pm
by Oracle
nevermind... :p