how do I explain to my friend I am losing money in the bad exchange rate when I go to Europe?
July 11th, 2009 | by mon-ex |
Jonny asked:
I know I’m losing money. however he claims that if it’s 1 to .64 (like it is now) that a clock for 100 dollars over here will be worth 64 dollars so it does not matter what the exchange rate is, just if inflation has not caught up… thats what determines if I loose money.
BOBBI
I know I’m losing money. however he claims that if it’s 1 to .64 (like it is now) that a clock for 100 dollars over here will be worth 64 dollars so it does not matter what the exchange rate is, just if inflation has not caught up… thats what determines if I loose money.
BOBBI
3 Responses to “how do I explain to my friend I am losing money in the bad exchange rate when I go to Europe?”
By L. G. on Jul 13, 2009 | Reply
For the currentcy exchange rate ie loaf of bread or dozen eggs cost the clock would be worth 64 dollars but your still.
By jon on Jul 17, 2009 | Reply
For week in dollars three days of hunger should do it.
By akuma on Jul 20, 2009 | Reply
The exchange rates and try to him then he will understand.
The exchange rates and try to him just play the exchange rates and try to make lot of money off him just play the exchange rates and try to him then he will understand.