In unusual move, US Mint releases 60-cent piece (photo)

[eppur_se_muova]

http://upload.wikimedia.org/wikipedia/commons/thumb/7/7b/United_States_one_dollar_bill,_obverse.jpg/800px-United_States_one_dollar_bill,_obverse.jpg

On 9 Jan 2001, a Euro was worth 0.9397 US dollar. Had you bought US$1000 worth of Euros, that would have been €1064. As of yesterday a Euro is worth 1.5584 US dollars, so that €1064 would now be worth US$1658. (Data from http://research.stlouisfed.org/fred2/data/DEXUSEU.txt )

Remember the question Ron Headrest encouraged us to ask: Are you better off now than you were four years ago?

[jobycom]

1. Beautiful!

:thumbsup:

[TheCowsCameHome]

2. Better spend it now before it's worth half that amount.

[ReadTomPaine]

3. LOL!

:thumbsup:

[GreenPartyVoter]

4. *snarf*

[OmmmSweetOmmm]

5. Excellent!

[Zynx]

6. The Fed has managed the economy so poorly for the past five years it is disgusting.

[Birthmark]

7. Got me! LOL

[Warren Stupidity]

8. The Euro was thought to be collapsing when it fell to near .80

Somehow the same perspective doesn't apply to the dollar. Funny thing about that.

[DadOf2LittleAngels]

23. Perhaps because the Euro did not collapse

[no_hypocrisy]

9. Don't tell my landlord. He'll raise my rent 40 percent.

[OnceUponTimeOnTheNet]

10. Well done, you got me!

LOL.
k&r

[HereSince1628]

11. Somewhere in one of the dimensions the internets is a cache of a story wherein W

said that the 60 cent value was a target value that would turn around US manufacturing. It was back a couple years during one of the periods in which the US was complaining about the Chinese having their currency pegged to ours.

[lame54]

12. Here's how it happened...

[tnlurker]

13. Wow

I went to Paris in 2002 when it took only 85 cents to buy a Euro. Now look at it.

[nadinbrzezinski]

14. You had me going for a second

but you are right

[AzDar]

15. K & R...

:kick:

[kenny blankenship]

16. You are referring, of course, to the new U.S. Peso (USP)

Or, as the poverty-addled, glue huffing natives call it, the Arbusto.

Yes, bring mucho Arbustos with you to Bushlandia on your future visits there. A full gas tank will cost you a wheelbarrow full.

[eppur_se_muova]

18. Note that in Bu**sh**'s second term, the Mexican Peso has held its ground vs US$. nt

http://research.stlouisfed.org/fred2/fredgraph?form_modified=0&temp_color=&graph_id=0&category_id=&cg2=Refresh+Graph&chart_type=line&prev_width=630&prev_height=378&width=630&height=378&preserve_ratio=1&recession_bars=On&bgcolor=%23B3CDE7&txtcolor=%23000000&s_1=1&s%5B1%5D%5Bid%5D=DEXMXUS&s%5B1%5D%5Btransformation%5D=lin&s%5B1%5D%5Bscale%5D=Left&s%5B1%5D%5Bline_color%5D=%230000FF&s%5B1%5D%5Bcosd%5D=2001-01-10&s%5B1%5D%5Bcoed%5D=2008-03-13&s%5B1%5D%5Brange%5D=5yrs&s_2=1&s%5B2%5D%5Bid%5D=&s%5B2%5D%5Bline_color%5D=&s%5B2%5D%5Bcosd%5D=&s%5B2%5D%5Bcoed%5D=#

Or put another way, the US$ is about as healthy as the Mex. Peso.

[katty]

17. perfect

[2008]

19. k&r

[FlyingSquirrel]

20. A couple of years ago some poor schmuck had $10 in canadian quarters

he couldn't unload... I bought them from him for $8.00

They are now worth $12 I think. I made 50% profit over 2 years! Dang I should have bought a lot more Canadian money. Of course at the time I was just helping a guy who couldn't get his money exchanged at the bank... My daughter has some of them taped to her ceiling for some strange reason. Don't know where the rest of 'em are.

:D

[reggie the dog]

21. How can Republicans lead Democrats in opinion polls

With the value of the dollar, the state of the economy and the war in Irak how can McCain lead both possible Democratic candidates????

[DadOf2LittleAngels]

22. Thats about the funniest damn thing ive seen all day..

[reggie the dog]

24. website for historical currency values

http://www.x-rates.com/cgi-bin/hlookup.cgi

[Earth_First]

25. BRAVO!

This piece belongs on the DUzy List this week!