Is the plunging u.s. dollars becoming a problem for your travelling experiences?
#6
Moderator: UK and Ireland & Europe
Join Date: Jan 2003
Location: Biggleswade
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Posts: 13,611
Great question by the OP!
As, like most people in the world, I am not a USAian, it's actually rather good for me. Particularly as it's Christmas, and I have colleagues on trips over there at the moment.
(Not, of course, that I'd dream of getting someone to pass off newly bought merchandise as personal property. That would be evil and wrong.)
As, like most people in the world, I am not a USAian, it's actually rather good for me. Particularly as it's Christmas, and I have colleagues on trips over there at the moment.
(Not, of course, that I'd dream of getting someone to pass off newly bought merchandise as personal property. That would be evil and wrong.)
#7
Join Date: Dec 2004
Location: London
Posts: 6,265
Yeah, as an Australian citizen, I'm already booking my flights to the U.S for the next year.
Amazon purchases work out much cheaper too.
Nope, no issue here (Then again, I don't earn $US, so I do commiserate with those who do)
Amazon purchases work out much cheaper too.
Nope, no issue here (Then again, I don't earn $US, so I do commiserate with those who do)
#8
Suspended
Join Date: Jun 2002
Location: Siesta Key
Programs: AA EXP-1.6MM, Hilton Diamond, ManU & Chicago Bears #1 Fan
Posts: 9,697
Why?
For the average tourist it may add up to ~$20 a day more.
If that's something that makes or breaks your budget, then I suppose you should plan on discovering the beautiful USA.
In my case it makes little difference. YMMV
For the average tourist it may add up to ~$20 a day more.
If that's something that makes or breaks your budget, then I suppose you should plan on discovering the beautiful USA.
In my case it makes little difference. YMMV
#9
Join Date: Apr 2004
Location: Europe & Middle East
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Posts: 899
I earn Ł Sterling and I am currently doing an exec MBA at Columbia Uni, costing $120,000 plus travel and subsistence. I am delighted at the $'s collapse
#10
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Join Date: Jan 2002
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It won't make much difference to me in the short run, but the ridiculous inflation of prices in the UK has caused me to delay travel plans.
#12
Join Date: Dec 2005
Location: The city of sex and drugs and KLM
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Now that US dollars are going the same way as banana republic pesos my trips to the USA are cheaper, shopping online from american stores is cheaper, american imports are cheaper, etc.
So let the dollar drop a bit more!
It also helps a little against the ridiculously high price of oil, but not that much, because the plunging dollar is one of the reasons why oil got more expensive to begin with. It's about time to end the monopoly of US dollars in the global oil trade.
Finally, a falling dollar means less american tourists. Now that the number of asian tourists is skyrocketing, less americans is a good thing to keep my city liveable. Amsterdam attracts way more tourists than it can handle.
So let the dollar drop a bit more!
It also helps a little against the ridiculously high price of oil, but not that much, because the plunging dollar is one of the reasons why oil got more expensive to begin with. It's about time to end the monopoly of US dollars in the global oil trade.
Finally, a falling dollar means less american tourists. Now that the number of asian tourists is skyrocketing, less americans is a good thing to keep my city liveable. Amsterdam attracts way more tourists than it can handle.
#14
Guest
Posts: n/a
This is a dumb question. Sorry. It is. Either it costs more to buy things or it doesn't. Either you're rich enough that it doesn't matter or you're not
Here are the answers:
1) I am an American who travels overseas. But I am rich so I don't care.
2) I am an American who travels overseas. I am poor, so it hurts.
3) I am a foreigner with a strong currency who travels to the U.S. So it helps.
4) I don't travel abroad/I don't understand currency/my currency is pegged to the dollar/I have no idea what you mean
Please improve.
Here are the answers:
1) I am an American who travels overseas. But I am rich so I don't care.
2) I am an American who travels overseas. I am poor, so it hurts.
3) I am a foreigner with a strong currency who travels to the U.S. So it helps.
4) I don't travel abroad/I don't understand currency/my currency is pegged to the dollar/I have no idea what you mean
Please improve.
#15
Join Date: Apr 2005
Location: Central Texas
Programs: Many, slipping beneath the horizon
Posts: 9,859
I've been traveling overseas since the late 1950s (and hearing about the plunging dollar fro much of that period, but remember a point in history when the pound sterling equalled $5.00 (so we've a ways to go in devaluation). A portion of my earnings (about what I spend on foeign travel) comes from an investment in a company which sells service and products overseas. The cheaper dollar has resulted in its foreign sales doubling, so I've come out ahead of the game, my earnings from the investment doubled, while my cost of travel has risen much less.
The cheap dollar works both ways.....
The cheap dollar works both ways.....