The Euro at $1.55

Alfred Molon wrote:
In article , EvelynVogtGamble(Divamanque)
says...
I think you have it backward - the problem is not that the euro is
"climbing", but that the dollar is SHRINKING!

How can all those American SUV owners afford to pay the gas bill?

It's getting to a point where they CAN'T - and it will be a definite
problem in the American Southwest, where "public transportation" is
largely non-existent!

Mxsmanic wrote:
Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.

But the euro has not risen; the dollar has fallen. That's an important
distinction.

One I was also trying to make - but it fell on deaf ears.

On Thu, 13 Mar 2008 14:54:38 +0100, Alfred Molon
wrote:

In article , Hatunen says...

Please name a few of these products.

To make a couple of examples:

1. Initially Apple was charging its European customers the same amount
in Euro it was charging US customers in dollars for song downloads.

2. The other day I was looking for an instant messenger software for the
Palm Centro. Found QuickIM, which costs $30 to Americans and 30 Euro to
Europeans.

That's it?

Is Apple still doing it? If not, why mention them? And why did
they stop doingit?

Did you buy QuickIM?

--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *

On Thu, 13 Mar 2008 15:24:53 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Mxsmanic wrote:
Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.

But the euro has not risen; the dollar has fallen. That's an important
distinction.

One I was also trying to make - but it fell on deaf ears.

Why is this distinction important, and how and to whom?

--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *

(Hatunen) wrote in
:

On Thu, 13 Mar 2008 15:24:53 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Mxsmanic wrote:
Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.

But the euro has not risen; the dollar has fallen. That's an
important distinction.

One I was also trying to make - but it fell on deaf ears.

Why is this distinction important, and how and to whom?

It's likely important to anyone who exchanges euros for anything other
than US dollars.

--
Bert Hyman | St. Paul, MN |

On Thu, 13 Mar 2008 15:23:34 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Alfred Molon wrote:
In article , EvelynVogtGamble(Divamanque)
says...
I think you have it backward - the problem is not that the euro is
"climbing", but that the dollar is SHRINKING!

How can all those American SUV owners afford to pay the gas bill?

It's getting to a point where they CAN'T - and it will be a definite
problem in the American Southwest, where "public transportation" is
largely non-existent!

That's silly. They'll just start buying more economical cars,
like they did during the gas crisis some decades ago.

And there's transit in the southwest. Why, Phoenix is
inaugurating its new light rail system, isn't it?

--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *

On 14 Mar 2008 16:22:42 GMT, Bert Hyman wrote:

(Hatunen) wrote in
:

On Thu, 13 Mar 2008 15:24:53 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Mxsmanic wrote:
Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU governemnts,
think the euro has risen too far, too fast.

But the euro has not risen; the dollar has fallen. That's an
important distinction.

One I was also trying to make - but it fell on deaf ears.

Why is this distinction important, and how and to whom?

It's likely important to anyone who exchanges euros for anything other
than US dollars.

That's true of any shift in exchange rates between two
currencies.

--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *

In article , Hatunen says...

Did you buy QuickIM?

Not yet. I'm currently trying Mundu IM.
--

Alfred Molon
http://www.molon.de - Photos of Asia, Africa and Europe

(Hatunen) wrote in
:

On 14 Mar 2008 16:22:42 GMT, Bert Hyman wrote:

(Hatunen) wrote in
m:

On Thu, 13 Mar 2008 15:24:53 -0700,
"EvelynVogtGamble(Divamanque)" wrote:



Mxsmanic wrote:
Hatunen writes:

Problem for whom?

Many financial organizations in Europe, and some EU
governemnts, think the euro has risen too far, too fast.

But the euro has not risen; the dollar has fallen. That's an
important distinction.

One I was also trying to make - but it fell on deaf ears.

Why is this distinction important, and how and to whom?

It's likely important to anyone who exchanges euros for anything
other than US dollars.

That's true of any shift in exchange rates between two
currencies.

Except that what's happening is more of a shift between one currency
and all the others.

What's happening to the exchange rate between euros and currencies
other than the US dollar?

--
Bert Hyman | St. Paul, MN |

On 14 Mar 2008 16:59:02 GMT, Bert Hyman wrote:

(Hatunen) wrote in
:

On 14 Mar 2008 16:22:42 GMT, Bert Hyman wrote:

(Hatunen) wrote in
:

On Thu, 13 Mar 2008 15:24:53 -0700,
"EvelynVogtGamble(Divamanque)" wrote:

[...]

But the euro has not risen; the dollar has fallen. That's an
important distinction.

One I was also trying to make - but it fell on deaf ears.

Why is this distinction important, and how and to whom?

It's likely important to anyone who exchanges euros for anything
other than US dollars.

That's true of any shift in exchange rates between two
currencies.

Except that what's happening is more of a shift between one currency
and all the others.

What's happening to the exchange rate between euros and currencies
other than the US dollar?

Such changes happen all the time. This one is noteworthy here
because it happens to be between currencies of special interest
to this group. But the statement, "It's likely important to
anyone who exchanges euros for anything other than US dollars"
somewhat trivial.

So my question remains: "Why is this distinction important, and
how and to whom?"

It is certainly important to me: my next trip to Europe will cost
me more. On the other hand, my relatives in Europe may be more
inclined to visit me.

Not to mention that I own some European stocks through ADRs so
that the price is translated to dollars at my end. This is good
for me.



--
************* DAVE HATUNEN ) *************
* Tucson Arizona, out where the cacti grow *
* My typos & mispellings are intentional copyright traps *