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The dollar v the pound
- Thread starter RJman
- Start date
- Watchers 1
imageWIS
Stylish Dinosaur
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- Apr 19, 2004
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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.
marc37
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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.
imageWIS
Stylish Dinosaur
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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.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.
manofstyle
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Those were good times.......
manofstyle
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We said the same thing in the 1930s
Toiletduck
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This demands a new poll. How far do you think the pound will slide vs the dollar?
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Just wait for inflation to kick in here. The Fed has what, more than doubled our monetary base since September 2008? Fun times ahead.Originally Posted by Mountains
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.
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