Loco driving wheels:

When not qualified by North, Central, South or Pan, America and the United States thereof are synonymous - in most parts of the world.
Reply to
MartinS
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How come the USD isn't tanking given the huge ongoing QE programme and the much worse financial situation, compared with the PIGS in Europe, of a lot of the states in the US. That will be all the Asians desperately trying to defend their export margins.
Reply to
Chris
No Wolf, a word means what the speaker's audience understand it to mean. Anything else would be arrogance and stupidity. (not meaning anything personal in that statement)
Reply to
Greg Procter
An audience that insists that its understanding of a word is the only correct one is arrogant and stupid. And that _is_ intended personally. You are the only person I have ever come across who insists that the one and only meaning of "American" includes Canadians. Not here it doesn't. And don't you forget it.
Wolf K.
Reply to
Wolf K
: > Were are (were) you buying your currency, : > was this a retail, commercial or inter-bank rate? : : cash machines. It's 20% worse at the ICE counter at the airport.
More fool you!...
Don't judge the health of a currency on 'retail' profit making, as you said yourself "The market (place) is not stupid", unlike many of its customers.
BTW, that should have been Cash machines.
Reply to
Jerry
Certainly there are better places to get Euros.
Seems to me that he was judging the *relative* health of a currency compared to some time ago, as indicated by the changes he's seen in one particular type of exchange rate. Unless 'retail' currency sources have also markedly changed their business models that that is a valid comparison in a hand waving sort of way.
Pot, kettle, Black...
MBQ
Reply to
manatbandq
[ re the health of the GBP vs. Euro vs. USD]
:> : cash machines. It's 20% worse at the ICE :> : counter at the airport. :> :> More fool you!... : : Certainly there are better places to get Euros. : : > Don't judge the health of a currency on 'retail' : > profit making, as you said yourself "The market : > (place) is not stupid", unlike many of its customers. : : Seems to me that he was judging the *relative* : health of a currency compared to some time ago, : as indicated by the changes he's seen in one : particular type of exchange rate.
But only the official, or at least inter-bank rate, can give such a comparison.
: Unless 'retail' currency sources have also markedly : changed their business models that that is a valid : comparison in a hand waving sort of way.
Which they could well have done! After all, only a fool would judge farm-gate prices by the *shelf price* found in grocery supermarkets, so why judge the health of an exchange rate from the price found at currency supermarkets...
Reply to
Jerry
Never buy or sell foreign currency at an airport. You get rooked! And never use cash machines at a casino - they rob you blind.
Reply to
MartinS
When I was in the USAF I was stationed near Swindon. We used to call the British 'The Blokes'. The locals were still upset by WWII and thought of us as 'The Yanks' - "Only problem with the Yanks is they're over paid, over sexed and over here!" This was the early 60s and it was as true then as it had been in 1945
Reply to
Lobby Dosser

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