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echo: canachat
to: Rob McCart
from: George Pope
date: 2003-11-10 11:43:40
subject: this area is...

On (05 Nov 03) Rob McCart wrote to George Pope...

 RM> GP~Well, as I recall, our dollar has long stacked up better against
 RM> the
 RM>   ~Japanese yen than has the American dollar!
 RM>
 RM> ???.. Isn't ALL world currency compared to the US Dollar when quoted
 RM> and you just convert from there ?  There has to be a universal
 RM> standard

Nah -- they're just "quoted" in US$ because that's what their target
audience wants! :|

 RM> and, so far, the US dollar has been it. If that wasn't the case we
 RM> could get Incredibly wealthy buying Canadian dollars in the USA and
 RM> selling them in Japan..    B)

Apples and oranges -- it's more a matter of trade parity than
buying/selling currency. . .

Your friend,
<+]::-{)}  (Cyberpope(the Bishop of ROM!))
Ask me how to connect with me in any of 5 different Instant Messengers


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