DIYbanter - View Single Post - Americans should buy Lee Valley tools and sell back to Canadianson Ebay.

On 13-Nov-2004, (Robert Bonomi) wrote:

When you're considering =relative= values in _two_ markets, the effect
of one currency rising in value is exactly identical to the other currency
falling in value.

Then compare both to the Euro and you'll see that his argument is essentially
correct. It isn't that Canadians are getting screwed - it's that the Yanks
are getting a lucky break. In other areas, of course, the falling US dollar
will hurt the US. Don't expect VI Robert to understand anything like that.

Mike