There are 8 replies in this Thread which has previously been viewed 3,316 times. The latest Post () was by Rice.
I got 19.20 this pm
It was slightly higher in the morning
My man says they are still trying to interpret the very slight fall in interest rates....
Why don't they just do what Ecuador did and dump the Peso for the Dollar as the official currency. It practically is and has been for years.
http://abcnews.go.com/International/story?id=82666
Inflation in Ecuador
When Ecuador adopted the dollar in 2000, I wondered what arrangements one country makes with another, in order to use their currency. Does anyone know? Because US taxpayers finance the minting of coins and printing/continual replacement of bills, I assume there is a financial arrangement between the countries?
That inflation chart was quite revealing.
Why don't they just do what Ecuador did and dump the Peso for the Dollar as the official currency. It practically is and has been for years.
http://abcnews.go.com/International/story?id=82666
Inflation in Ecuador
I do convert absurd prices to dollar for the seller so that they would realize how absurd it is. However, most people do not know prices abroad so 3 USD or 6 USD sounds the same to them.
Rice , they must have entered an agreement trunks for dollars: Ecuadorians ship logs, the US ships back bills!
When Ecuador adopted the dollar in 2000, I wondered what arrangements one country makes with another, in order to use their currency. Does anyone know? Because US taxpayers finance the minting of coins and printing/continual replacement of bills, I assume there is a financial arrangement between the countries?
That inflation chart was quite revealing.
Not to mention the question of fiscal sovereignty.
I'll look into this for research purposes.
Rice , they must have entered an agreement trunks for dollars: Ecuadorians ship logs, the US ships back bills!
What a splendid idea! Now if we could only get Argentina to use US dollars, the return shipment could be Malbec!
