Tuesday, March 14, 2006

Exchange Rates


In the past, with regard to the U.S. economy, I've done very little but complain about the decreasing value of the U.S. dollar compared to the Canadian. For once though, I'm glad that the U.S. dollar is failing. This isn't because I'm unpatriotic or unamerican. Quite the opposite, I'm a capitalist pig who wants to get the most that he can. As a consiquence of leaving much of my funds in a Canadian bank, my money is growing faster than if I had put it into stocks. Furthermore, I have the liquidity that one would expect from any bank account.

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