FlyerTalk Forums - View Single Post - Has the CDN dollar been affecting you?
View Single Post
Old Jan 28, 2004 | 5:12 pm
  #61  
dbyyz
 
Join Date: Jan 2004
Location: YYR
Programs: AC-2MM & 75K
Posts: 1,355
I'm no expert, but from everything I heard in recent years the US $ was over-valued, thus the devaluation of the US $ and the relative strengthening of the C $ was inevitable. So, the question I need to ask myself is why did I leave so much money in my US $ account?

On a related note, what do you all think of the fact that the Chinese are sitting on so much US cash? As I said, I'm no expert, but it seems to me that this gives them a lot of power!
dbyyz is offline