Briefly this morning. http://www.cbc.ca/money/story/2007/09/2 ... ml?ref=rss
In 2002 it was worth 61 cents US.
In 2002 it was worth 61 cents US.
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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.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.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!)
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?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!
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.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.
This has all been a result of a fiscal policy by the Bush administration to bring businesses back home and equal out the trade deficitJoe 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.
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.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.
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.Flip wrote: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.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.
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.
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 ideaDutch 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.
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 muchKupek 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.
Canada gets business because we subsidize.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 ideaDutch 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 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 notDutch wrote:Canada gets business because we subsidize.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 ideaDutch 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.
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.
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.Zeus wrote: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 notDutch wrote:Canada gets business because we subsidize.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
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.
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.....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