I Feel So Poor...

Tanner · 06-26-2010, 12:43 PM

Quote:

Originally Posted by DeaExMachina

A lower dollar is better for the US. It means more people can afford to import our products and it means that the value we get for that product is higher. Lets assume the dollar and the euro are equal. If we sell a product for 100 Euro we get $100 in value. However if the dollar is worth half of what the Euro is cost and we sell it for $100 Euro than we get essentially 200 dollars.

Having the strongest currency is over rated.

Yes, you are right. You're a god damn genius.

Sugah · 06-26-2010, 09:21 PM

Quote:

Originally Posted by amando96

Sorry but i don't agree at all, so you'd rather be poor than rich?

What about when you lose your job and don't have money to eat?

It's always better to be rich, you can be sure of that, money does in fact buy happiness.

I get wat ur on about, lyk u wudn say no to being rich, who would? but i just mean i lyk the feeling of deserving th things i own if you get me but i also believe theres a thing called having too much money, but then again thsts just my opinion ..

Esmo · 06-26-2010, 09:53 PM

My sig sums up my views on this matter.

rmg126 · 06-27-2010, 02:49 AM

Quote:

Originally Posted by Arthur

Here it's:
aged 16 to 18 - £3.57 (€4.33)
18 to 21 - £4.83 (€5.85)
22+ - £5.80 (€7.03)

(currencies according to google currency converter)

That's funny, 'cause I was under the impression that minimum wages in Europe were like £/€1,000,000,000,000,000,000...apparently not.

The minimum wage in this area is currently $7.25 per hour, which is about £4.80. I make $9.50 per hour but...as low as the cost of living/taxes are in this area compared to some places...it still doesn't amount to much.

Maximus1991 · 06-27-2010, 04:34 AM

Quote:

Originally Posted by DeaExMachina

A lower dollar is better for the US. It means more people can afford to import our products and it means that the value we get for that product is higher. Lets assume the dollar and the euro are equal. If we sell a product for 100 Euro we get $100 in value. However if the dollar is worth half of what the Euro is cost and we sell it for $100 Euro than we get essentially 200 dollars.

Having the strongest currency is over rated.

Having the strongest currency is only over rated when you produce a lot and your country as a whole is fairly self-sufficient, seeing as neither of those things are true of the U.S. having a strong currency is important to our economy.

For example, we import a lot more than we export on a yearly basis and having a strong currency means you what you said about the euro is reversed. Lets say we're importing cars from China, if we pay $5,000 (≈35,000 yuan at current rates) per car, if our currency fell to equality with the yuan we'd be paying $35,000 per car.

Our economy as a whole runs a lot better when we're the top dogs and seeing as the U.S. dollar is the world-reserve currency, the dollar is worth a lot more than it should be at the moment and is the only thing keeping our economy afloat.

Anyways... back to the op. Having money is nice but, you just need to make the best with the hand you've been dealt and know that things could be worse and you have the power to make things better.

I was one of those fairly spoiled kids, we had a few TV's, computers and we were never insecure financially at all. That changed when my parents died and I became the sole income for me and my sister. Things are a lot different now but, honestly I like my life better without all the distractions and you spend a lot more time experiencing things and at the end of the day I'm happier than I was back in the day.