Currency

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      New York Merchants Embrace Euro

      Posted by Jeff from Washington Post

      With the dollar near its lowest rate ever against the euro and the numbers of international tourists in New York at all-time highs, some store owners figure accepting the euro offers a convenience to customers and sometimes generates a stockpile of a strong currency for themselves.

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    • Dollar sinks to record low against euro

      Posted by Jeff from MSNBC

      Americans are getting poorer: The euro hit $1.3682, shooting past its previous high of $1.3667 from December 2004, after the U.S. Commerce Department reported that economic growth slowed to a 1.3 percent annual rate in the first quarter, its weakest performance in four years.

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      Pound touches 14-year dollar high

      Posted by Jeff from BBC News

      America - you didn't want to actually ever be able to afford Europe again, did you? Thank Bush and the Iraq war. The pound has hit a 14-year high of $1.9938 against the dollar, with many experts believing it will rise above $2 in the next few days.

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      Would You Like That in Tens, Twenties or Normans?

      Posted by Jeff from New York Times

      Good article on alternative currency: The central purpose behind BerkShares is to strengthen the local economy, perhaps even inoculate it against the whims of globalization, by encouraging people to support local businesses. Amazon does not accept BerkShares, for example, but the Bookloft on Route 7 does.

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    gbs comments on:

    Would You Like That in Tens, Twenties or Normans?

    It’s only illegal if you use it to avoid paying taxes! If you do your transactions in banans you still have to pay sales tax and federal income tax (in Federal Reserve dollars) but that doesn’t make doing the transactions in bananas illegal

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    9:40 am 2/28/07
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    theangryindian

    Member since Jul 2008

    “The Angryindian” is an internationally recognised Indigenist activist and outspoken critic of U.S. colonialism practised against Aboriginal societies in America and abroad. He is editor of IntelligentaIndigena Novajoservo and the host of Radyo Inteligentaindigena, an independent, non-partisan international Indigenist podcast.

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