high aussie doller

This topic has 17 replies, 9 voices, and was last updated 20 years, 2 months ago by ph2t.

Viewing 17 reply threads

Author

Posts
- February 20, 2004 at 12:03 am #10820
  brendan
  Participant
  Posts: 377
  hey fellas,the aussie doller is now worth 80c USD. So this is the time to buy stuff from america!
- February 20, 2004 at 12:05 am #36785
  z-beam
  Participant
  Posts: 2265
  hell yeah, bali uses usd for anything thats tech.
  
  toyeast here i come!!!
- February 20, 2004 at 12:52 am #36784
  trash
  Participant
  Posts: 651
  Bali like most indonesian provinces and second and third world countries hold their savings in cash USD. It makes me if the kids at the airport in Dili, East Timor are begging for $1 USD or AUS.
  Which reminds me, most things come from China, so it is Dollar to Yuan exchange rate. There is a lot of pressure on China to raise it’s exchange rate. The government pegs the rate against the US$.
  It keeps the rate low to attact manufacturing and employment.
  It means that there is plenty of work for cheap chinese labour, and because their exchange rate is poor, so are the people.
  When and if the rate is let float, china will be extreemly rich and the chinese will have massive buying power.
  They will have all the factories, all the jobs and all the money 🙂
  Long term future for china is looking good.
  
  Edited by – trash on 19 February 2004 20:06:07
- February 20, 2004 at 12:57 am #36779
  micro_Amps
  Participant
  Posts: 1290
  It makes things nice and easy now, all you do is get your final price in US$ and multiply by (only) 1.25 to get Aussie $$
  So US$10 becomes AU$12.50
  How am I supposed to stop buying stuff if this keeps going on.
  🙂 uA
- February 20, 2004 at 2:52 am #39822
  ph2t
  Participant
  Posts: 2088
  and toyeast just replenished their perfection stock!!!
- February 20, 2004 at 7:09 pm #36740
  dgs73
  Participant
  Posts: 2179
  just when my finances pull themselves together again, THIS happens! Great stuff, another new order…
- February 20, 2004 at 7:43 pm #36741
  jamiekulhanek
  Participant
  Posts: 2563
  Great!!!! Ah……damn more money to fork out.
  
  I hope the dollar continues to rise, i can remember it was almost half what it is now a while back
- February 20, 2004 at 8:21 pm #36728
  PandaBear
  Participant
  Posts: 1866
  AUD was US47c not too long ago…. but waaay back, probably before some of you kiddies were born, AUD was worth *over* US$1 ahh.
  
  USSR rouble worth “something” back then, too! 🙂
- February 23, 2004 at 4:20 pm #36668
  jamiekulhanek
  Participant
  Posts: 2563
  That would be nice, cheap stuff.
- February 23, 2004 at 4:46 pm #36669
  PandaBear
  Participant
  Posts: 1866
  Yeah, once upon a time Australia had title of “best living conditions” in the whole world… back in the 70s.
  
  Since then, I think local industry has been lulled into some false sense of security and there’s been no new advances – no attempt to shore up Oz’s future.
  
  Three decades ago it was a case of living off the sheep’s back, cropping or digging up stuff and selling it o/s.
  
  Today… heck, what else does Oz export?
- February 23, 2004 at 4:47 pm #36670
  ph2t
  Participant
  Posts: 2088
  mosfet mods….
- February 23, 2004 at 6:49 pm #36676
  PandaBear
  Participant
  Posts: 1866
  Whoops… not so High anymore. Dropped 3c over the weekend! 🙁
- February 24, 2004 at 6:56 pm #36640
  jamiekulhanek
  Participant
  Posts: 2563
  yeh i noticed
- February 24, 2004 at 7:02 pm #36641
  PandaBear
  Participant
  Posts: 1866
  Must be just on the back of news that Arnie’s gunna become President. (yeah, they’re talking about changing the constitution to allow ppl to who aren’t US-born to run for Pres)
  
  :D:evil:
- February 24, 2004 at 7:45 pm #36633
  betty.k
  Participant
  Posts: 2487
  was only a matter of time hey!:dead: at least his grasp of the english language is better than w’s!!:8ball:
- February 24, 2004 at 11:32 pm #39818
  brendan
  Participant
  Posts: 377
  yeah they said the doller would drop be regain in the week
- February 25, 2004 at 4:13 am #36612
  PandaBear
  Participant
  Posts: 1866
  Haha, economists wouldn’t have a clue what’s going on – 50% say its going Up, 50% say its going down and the rest are Undecided. 🙂
  
  An economist is just an opinionated fella that thinks he knows what’s going on, like when you’re watching the animals in the zoo and trying to predict what they’ll do next.
  
  Ever met a rich economist? :blush: Nah, me neither – and I’m in that trade. If only an economist could get his guess right any more than 30% of the time (yes 30%, no joke), he would be a rich man.
- February 25, 2004 at 4:20 am #36613
  jamiekulhanek
  Participant
  Posts: 2563
  lol well compiled
Author

Posts