In a world where the Canadian dollar is worth 10 cents more than the U.S. greenback…..?
Will Americans finally accept 1 and 2 dollar coins instead of paper money, which is more costly to make and is only in existence because one state has a huge market for making the material and the other reason because americans thinking that if the U.S. dollar is paper instead of coin it has a better feel as the world’s best currency.
Well, the British Pound is worth twice as much, the Euro is a ways up and now with the Canadian dollar worth the same and as analysts are saying, soon MORE, what will you do? ( Americans )
This is a general question to americans and yes, people like me living in canada, but I think I know what we’re all thinking, buy tobbacco and alcohol for MUCH cheaper across the border, but how do americans feel now that their dollar is worth less than the Canuck Colour money?? Yes I said COLOUR lol.
Tagged with: alcohol • british pound • Canadian Dollar • currency • Dollar Coins • dollar worth • existence • huge market • living in canada • paper money • tobbacco
Filed under: Canadian Coins
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Most Americans probably have no clue to the exchange rate and a whole bunch probably think Canada is a US state or near mexico. LOL
Americans will complain about the price of imports going up, but Boeing, US software companies and any manufacturers will be thrilled.
A whole bunch of Canadian factory worker have lost their jobs, because plants built when it was 62 cents to the CA dollar aren’t profitable at par.
And it’s certainly not helping business in Canadian border towns.
All thanks to Mr. George Walker Bush! He caused the Great Depression of 2007.
The choice between coins and bills has nothing to do with the relative values of the currencies of different countries. Bills are more convenient. Plus, coins are harder to tuck into a g-string.