Correct-o-rama. The flip side is a weaker dollar increases our exports, allowing our shrinking manufacturing base to catch a break, making our farm products more attractive to foreign markets as well. The flip side of that is it gives foreign companies with cash on hand the appearance that US companies are priced low, thus they buy up our family jewels, the flip side to that is they just brought their dollars back to us and if the shit hits the fan we can seize those assets which could lead those foreigners to plot against our success less. Flip
Pop, The price of gas at the pump here is around 2.19 New Zealand Dollars per liter. That would be 8.76 NZD per gallon and since the NXD is worth about 75 cents US, that still works out to better than 6 bucks a gallon.
Correct-o-rama. The flip side is a weaker dollar increases our exports, allowing our shrinking manufacturing base to catch a break, making our farm products more attractive to foreign markets as well. The flip side of that is it gives foreign companies with cash on hand the appearance that US companies are priced low, thus they buy up our family jewels, the flip side to that is they just brought their dollars back to us and if the shit hits the fan we can seize those assets which could lead those foreigners to plot against our success less. Flip
ReplyDeletePop,
ReplyDeleteThe price of gas at the pump here is around 2.19 New Zealand Dollars per liter. That would be 8.76 NZD per gallon and since the NXD is worth about 75 cents US, that still works out to better than 6 bucks a gallon.
fringe:
ReplyDeleteI focus on the basics so thanks for fleshing out the post!
Mr O:
ReplyDeleteTo even consider how "the dollar" influences prices in NZD and NXD is not a priority on this end so thanks :=)
Accurate post, something that is not as widely reported as it should be. I did enjoy fringe's flippant comments too.
ReplyDelete