lolOriginally posted by mr tall
it means that timing is an important factor in any economic decision. To say it's everything is hyperbole, but that should go without saying.
only if you take a variable rate mortgage. which could work out well.Originally posted by qtip
to me, this means that borrowing to buy a house is even cheaper now
Werd.Originally posted by mr tall
timing is everything
Which is what I have.Originally posted by LivingRoomPornstar
only if you take a variable rate mortgage. which could work out well.
Believe it or not the Low US dollar is also the reason you may notice (DJs) record prices going up. Most of the bigger distributors in North America are in the US. When they buy European imports with their crappy Yankee Greenback they appear expensive but really their own money is what is causing that. And since most record stores in Canada purchase from these distributors they end up getting the butt-end of the bullshit canon!Originally posted by The Tesseract
I have a feeling that i will be investing in american dollars.
[DJ The Tesseract]Originally posted by Mike Richards
Believe it or not the Low US dollar is also the reason you may notice (DJs) record prices going up. Most of the bigger distributors in North America are in the US. When they buy European imports with their crappy Yankee Greenback they appear expensive but really their own money is what is causing that. And since most record stores in Canada purchase from these distributors they end up getting the butt-end of the bullshit canon!
If your local record shop buys from Nice in Montreal then you're already gettin jacked brother!Originally posted by The Tesseract
[DJ The Tesseract]
aaaaaaaggggghhhh!!!!! shut up!!! nooooooo!!!!
wait... i don't buy shit from stateside. My local record shop buys from Montreal and UK. I'm cool.
*phew*
[DJ The Tesseract]
it means that the economy was having trouble due to the exports falling... because our goods become more expensive if the currency is more expensive. So... david dodge had to slow it down... and stop people from investing in our currency... the bank of canada rate is tied into the currency ...so if the rate of return is low less people will invest in our currency and our currency will be worth less and this will help our goods be more competitive ..so that prices will fall and be more competitive with imports from other countries...Originally posted by Eclectic
For those of us who aren't "financially aware"....
What does this mean?
Our dollar increased today. Maybe this cut was expected and already priced in b4 hand.Originally posted by chipotle
...so if the rate of return is low less people will invest in our currency and our currency will be worth less and this will help our goods be more competitive ..
but it is down from it's highest point.Originally posted by adorablehomeboy
Our dollar increased today. Maybe this cut was expected and already priced in b4 hand.