Yes, my life is in the toilet because o fit. I am paid in dollars and everything here is imported from places that are not the US.
No more weekends in Europe for me. Fun while it lasted.
Yes, my life is in the toilet because o fit. I am paid in dollars and everything here is imported from places that are not the US.
No more weekends in Europe for me. Fun while it lasted.
My web-hosting costs, priced in constant US dollars for the last ten years, have gone WAY down.
My stocks have gone up because I’ve been investing in stocks that would have a competitive advantage due to a weak dollar. Other areas of my company are up because my company’s services are now more attractive and they carry a certain cache for being American. Since I travel more than I think I should, I feel the pinch when I go out and buy stuff overseas. Stuff was expensive when the dollar was strong, it’s more crazy now.
Just gas prices so far. And one CD I want from England is stupidly expensive, so I won’t be buying it any time soon.
Can’t figure out why imported goods haven’t shot up, though. I’d have expected cheap consumer electronics and tools to have become not so cheap now.
I have crossed Europe off my “to visit soon” list.
If you own a car, it’s affecting you.
I rarely drive.
Let’s just say I’ve got another reason to be glad I’m a cyclist.
Eugh.
Travel outside Australia used to cost me an arm and a leg. Now I could live like a king on the AUD - but I can’t afford to go.
I feel your pain. I travel to Japan a few times a year, and I’m longing for the exchage rate of 1USD to 125Yen.
Where are you at in Yokohama?
I’ve heard many reasons for the rise in gas prices. Until this thread I have never heard of the weak dollar being cited as the main reason. Sure it is contributing to some extent but there are many other important factors.
Other than gas I would say it is not effecting me at all. The only trip I am planning is all expenses paid by the government. I’m a cop and my wife is a nurse so our jobs are not effected.
It’s at least part of the reason. Cite. But yes, there are other factors, including speculation.
Your cite says the weak dollar accounts for about $0.35 a gallon. I have no trouble believing that.
Wish I could go to Europe but the weak dollar is killing me. In 2002, $1 was about 1 euro…in 2004, it had slipped to about .75 euro. Now it’s even worse, about .65.
I hadn’t connected the weak dollar to the price of gas, but oil being sold on a world market, it wouldn’t surprise me.
I started a new job in April. Its a lot of work, but I like it there. Its 10% more money than my last job. But its still almost 40 miles door-to-door with no possible mass transit. Even sitting in the slow lane doing 55 is a tremendous weekly gas expense for my family.
I Hate going back to the job search, but I may have no choice…
Mostly positive so far. The value of my real estate keeps going up because of foreign buyers. We have a group of European trainees coming in next month and paying big bucks. Also by helping US exports we’re keeping unemployment low here so that’s good in lots of ways.
OTOH a recent trip to England was pretty expensive. But it was so expensive that at least we could laugh about it and be glad we only pay those prices for a week.
It’s making my life pretty difficult.
I live in the US. My husband, who’s from India, now lives in Germany. I’m going to Germany for the summer. Guess who’s plane ticket cost beaucoup bucks? And guess who is now working her patootie off 7 days a week to make sure that we can cover my stay in Germany, plus my expenses in getting a new place once I come back to the US? I’d kill for a real weekend, but the exchange rate is too low for me to take one.
Oh, and there’s also the fact that we have a wedding ceremony in India this coming December. (While my then fiance was with me in New York for a job interview, we ran off to the courthouse and signed our papers. It was quite possibly the least romantic thing we could have done, but it sure helps with the green card. Both his family and mine want a “real” wedding. We would have had it in the US, if my mom were willing to be at least semi-sane about the ceremony and reception. But that’s another story…) My plane ticket is going to be more expensive than it would have been even a few years ago, and plenty of people I’m close to have said that they can’t go, since travel is so expensive for them now.
Of course, the high price of gas isn’t helping right now. Neither is the high price of food. But the pinch on my personal life hurts more than either of those.
Yep. And that’s $5 to $10 every time you fill your tank.
Myself, I feel like I’ve become one of those Limbaugh-listening “Buy American!” nuts. Where I really feel it (aside from gas prices) is in the price of imported European delicacies – cheese, honey, jam, etc. The other day I wanted to buy some nice Catalonian honey, but the price had doubled – to about $12 – since I had last bought it. And the nice Scottish salmon – $17 a pound. Forget it. I’ll buy cheap supermarket honey and farm-raised Canadian salmon instead.
PM me if you want my address so you can send me a sympathy card.
Are those violins I hear? Crappy American-made violins?
It has a lot of effects on industry in Canada in general; companies that export to the USA are hurt, while companies that import from the USA save big time. Smart companies also use the US downturn to their advantage; some of my customers are using the low US dollar and floundering US industry to grab capital equipment at outrageously low prices. When you can get a $500,000 CNC mill for $250,000, that’s an opportunity you just can’t pass up. Some companies do very poorly and some do very well, which affects my job because I have customers on both sides of that equation.
In the long run it always evens out; currency is not money. But in the short term, rapid changes are very disruptive.