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The demise of the dollar
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<blockquote data-quote="klein" data-source="post: 932795" data-attributes="member: 23950"><p>Mac, your missing the last 1o years ! I wished you had those numbers.</p><p>Inflation was also much higher in the 80's and 90's then in the past 10 years, including interest rates.</p><p></p><p>What did I post the other day on the Canada thread ? Average weekly wage earnings for an Albertan is $1057 in 2011. With another estimated increase of 5% in 2012.</p><p>That alone makes up for it, besides anything imported from the US being sold cheaper here then I have ever seen.</p><p>Including groceries, produce, wines, and even electronics from Asia.</p><p>And how can I forget vacations ! <img src="/community/styles/default/xenforo/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /></p><p>Finally we can travel for cheap, and our currency goes a lot further then it ever has before.</p><p></p><p>IN 1991, my first trip to Florida, it was tough paying $1.65 for $1 US dollar - it was one hell of an expensive vacation.</p><p>I remember buying a Heineken can at the beach. It was $2.25 , but with tip an even $3.00.</p><p>But, in Canadian dollars, around $5.50. Even just renting a car was near a 50% mark up there.</p><p>I tell you, you didn't have many Canadian cross border shoppers back then !</p><p></p><p>Now America can't get rid of us - we keep on comming ! <img src="/community/styles/default/xenforo/smilies/smile.png" class="smilie" loading="lazy" alt=":)" title="Smile :)" data-shortname=":)" /></p><p>Cheaper to vacation in the US than it is here at home, in our own country.</p></blockquote><p></p>
[QUOTE="klein, post: 932795, member: 23950"] Mac, your missing the last 1o years ! I wished you had those numbers. Inflation was also much higher in the 80's and 90's then in the past 10 years, including interest rates. What did I post the other day on the Canada thread ? Average weekly wage earnings for an Albertan is $1057 in 2011. With another estimated increase of 5% in 2012. That alone makes up for it, besides anything imported from the US being sold cheaper here then I have ever seen. Including groceries, produce, wines, and even electronics from Asia. And how can I forget vacations ! :) Finally we can travel for cheap, and our currency goes a lot further then it ever has before. IN 1991, my first trip to Florida, it was tough paying $1.65 for $1 US dollar - it was one hell of an expensive vacation. I remember buying a Heineken can at the beach. It was $2.25 , but with tip an even $3.00. But, in Canadian dollars, around $5.50. Even just renting a car was near a 50% mark up there. I tell you, you didn't have many Canadian cross border shoppers back then ! Now America can't get rid of us - we keep on comming ! :) Cheaper to vacation in the US than it is here at home, in our own country. [/QUOTE]
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