To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Dow futures jump 600 points after Trump says he doesn’t plan to get rid of Fed chief: Live updates
- How does one learn to be in the right place at the right time all or most of the time?
- How does the Human Race not go extinct this century?
- We’re suddenly talking about the Great Depression when discussing Trump’s stock market
- What are the 4 types of Anthropology? begin quote from Google AI:
- March 12th 2025 in and on Mt. Shasta
- When I studied Cultural Anthropology at UCSC I was most interested in understanding cultures especially Tibetan Culture.
- ‘He broke barriers’: One of the last survivors of elite group of paratroopers died. He was 108
- Mt. Shasta tourism was the highest ever for winter skiing and such BEFORE Trump was inaugurated
- The Fed Chief Powell HAS to be non-political or the whole economic System will collapse in the U.S. and possibly the world too
Thursday, September 4, 2008
.7006
.7006 is the value of the dollar against the Euro. Since both the Euro and the dollar are floating currencies there is no absolute only relativity. However, since 7-2-08 when the dollar was only .6294 against the Euro, it means that relative to the Euro the dollar has gained almost 10% in relative value against the Euro. In real terms it means that anyone with dollars can now buy 10% more goods relative to the Euro. Also relative to the Euro if one had say 1,000,000 dollars in the U.S. Stock Market it means without any changes in their stocks their money alone is valued about $100,000 more since July 2nd 2008 relative to the Euro. This is also why people are taking their money out of oil futures and buying dollars and dollar based stocks which is also reducing starvation for the poorer members of the planet and helping to keep them alive and able to buy food and not starve to death.
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