Comments on: $ < € http://www.nothirdsolution.com/2008/01/01/e/ Blogging about liberty, anarchy, economics and politics Fri, 06 Jan 2012 21:07:44 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: …no third solution » Blog Archive » Gold Continues to Rise on Dollars Decline http://www.nothirdsolution.com/2008/01/01/e/comment-page-1/#comment-3301 …no third solution » Blog Archive » Gold Continues to Rise on Dollars Decline Thu, 03 Jan 2008 20:10:13 +0000 http://nothirdsolution.com/2008/01/01/e/#comment-3301 [...] commenter pointed out that I was wrong in my assertion (I think an erroneous citation) that the dollar fell 25% versus the Euro in the [...] [...] commenter pointed out that I was wrong in my assertion (I think an erroneous citation) that the dollar fell 25% versus the Euro in the [...]

]]> By: dwz http://www.nothirdsolution.com/2008/01/01/e/comment-page-1/#comment-3299 dwz Thu, 03 Jan 2008 02:16:37 +0000 http://nothirdsolution.com/2008/01/01/e/#comment-3299 I wish your suggestion that the dollar had only lost 25% against the euro in the last five years was accurate. But it's not. I just checked my bank records and on May 7, 2002 I withdrew 100 euros at an ATM in Paris and it cost me $92.61 USD. Last month I withdrew 200 euro at an ATM in Vienna and it cost me $306.18 USD. By my math, that well over FIFTY PERCENT in five and one half years. It's worse than you thought. I wish your suggestion that the dollar had only lost 25% against the euro in the last five years was accurate. But it’s not.

I just checked my bank records and on May 7, 2002 I withdrew 100 euros at an ATM in Paris and it cost me $92.61 USD. Last month I withdrew 200 euro at an ATM in Vienna and it cost me $306.18 USD.

By my math, that well over FIFTY PERCENT in five and one half years.

It’s worse than you thought.

]]>