Canadian Dollar Close to Parity of U.S.

This is embarrassing. The U.S. dollar is in such bad shape, it just hit a 30-year low against the Canadian dollar. Who knew Canada even had its own currency? Apparently, it does and if this keeps up, it’ll soon reach parity. That means you could exchange one Canadian dollar for one real dollar.
Sheesh, sometimes I think our monetary policy is being run by a bunch of 13th graders….

Posted by Eddy Elfenbein on June 4th, 2007 at 10:41 am

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