Styleforum › Forums › General › General Chat › The dollar v the pound
New Posts  All Forums:Forum Nav:

The dollar v the pound

post #1 of 10
Thread Starter 
Depressing.
post #2 of 10
1.00 GBP United Kingdom Pounds = 1.92890 USD United States Dollars, Live mid-market rates as of 2005.03.08 20:52:15 UTC. There goes my H&K purchase. J/k I'm still gonna buy the shirts, even at $90 each they are more than worth it. Jon.
post #3 of 10
The Australian dollar has appreciated alot relative to the U.S dollar (especially) and the pound. Your bad news is my good news. Things are much cheaper to buy o/s than they have in years. Hooray, lets hope the yanky dollar continues to decline.
post #4 of 10
Quote:
The Australian dollar has appreciated alot relative to the U.S dollar (especially) and the pound. Your bad news is my good news. Things are much cheaper to buy o/s than they have in years. Hooray, lets hope the yanky dollar continues to decline.
Maybe for a while, but don't count on it in the long term, the Fed will eventually put a halt to the relaxed monetary policy. Jon.
post #5 of 10
Those were good times.......
post #6 of 10
But these are better times (for us)...
post #7 of 10
We said the same thing in the 1930s
post #8 of 10
This demands a new poll. How far do you think the pound will slide vs the dollar?
post #9 of 10
Quote:
Originally Posted by manofstyle View Post
Those were good times.......

Just wait for inflation to kick in here. The Fed has what, more than doubled our monetary base since September 2008? Fun times ahead.
post #10 of 10
Quote:
Originally Posted by Mountains View Post
Just wait for inflation to kick in here. The Fed has what, more than doubled our monetary base since September 2008? Fun times ahead.

What really scares me is that the financial world (still comprising mainly the same "experts" who led us into the mess we're in now) seems to have the same blind confidence in the Fed's theoretical abilities to soak up liquidity now that it had in the Fed's ostensibly magical ability to keep interest rates low indefinitely in the '90s.

I'm considerably less bullish than the current financial industry consensus on the matter. Sooner or later, the inflation chicken is coming home to roost. I don't care how good Bernanke is, and generally speaking, I think he's quite good. He has planted seeds that are probably going to bear some ugly fruit. The question is not whether inflation will kick into overdrive, but rather, to what extent and for how long.
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: General Chat
Styleforum › Forums › General › General Chat › The dollar v the pound