Australian Dollar just walked through 1.07AUD to the USD exc

terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.
And its been true that our interest rates have been substantially higher
than theirs for the whole of your pathetic excuse for a lifetime too.
 
Rod Speed wrote:
terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.

And its been true that our interest rates have been substantially higher
than theirs for the whole of your pathetic excuse for a lifetime too.
Which rock have you been under?
 
On 25/04/2011 7:42 PM, terryc wrote:
Rod Speed wrote:
terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.

And its been true that our interest rates have been substantially higher
than theirs for the whole of your pathetic excuse for a lifetime too.

Which rock have you been under?


A very slimy one ?

--
X-No-Archive: Yes
 
terryc wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.

And its been true that our interest rates have been substantially higher than theirs for the whole of your pathetic
excuse for a lifetime too.

Which rock have you been under?
Any 2 year old could leave that for dead.

Get one to help you before posting again.

If anyone is actually stupid enough to let you anywhere near one.
 
On 26/04/2011 4:41 AM, Rod Speed wrote:
terryc wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.

And its been true that our interest rates have been substantially higher than theirs for the whole of your pathetic
excuse for a lifetime too.

Which rock have you been under?

Any 2 year old could leave that for dead.

Get one to help you before posting again.

If anyone is actually stupid enough to let you anywhere near one.


Rules of the internet - any discussion with Rod Speed or Phil Allison
will end with insults.
 
keithr wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.

And its been true that our interest rates have been substantially higher than theirs for the whole of your pathetic
excuse for a lifetime too.

Which rock have you been under?

Any 2 year old could leave that for dead.

Get one to help you before posting again.

If anyone is actually stupid enough to let you anywhere near one.

Rules of the internet - any discussion with Rod Speed or Phil Allison will end with insults.
Everyone can see for themselve that you are just another lying pom.

Time we sent you back like that other one.
 
On 26/04/2011 2:04 PM, Rod Speed wrote:
keithr wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.

And its been true that our interest rates have been substantially higher than theirs for the whole of your pathetic
excuse for a lifetime too.

Which rock have you been under?

Any 2 year old could leave that for dead.

Get one to help you before posting again.

If anyone is actually stupid enough to let you anywhere near one.

Rules of the internet - any discussion with Rod Speed or Phil Allison will end with insults.

Everyone can see for themselve that you are just another lying pom.

Time we sent you back like that other one.


Q.E.D.
 
On Apr 26, 2:04 pm, "Rod Speed" <rod.speed....@gmail.com> wrote:
keithr wrote



Rod Speed wrote
terryc wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote
That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.
Echo, echo, echo, echo. heard that so many times during my lfetime.
And its been true that our interest rates have been substantially higher than theirs for the whole of your pathetic
excuse for a lifetime too.
Which rock have you been under?
Any 2 year old could leave that for dead.
Get one to help you before posting again.
If anyone is actually stupid enough to let you anywhere near one.
Rules of the internet - any discussion with Rod Speed or Phil Allison will end with insults.

Everyone can see for themselve that you are just another lying pom.

Time we sent you back like that other one.

But Gillard is still here.
 
kreed wrote
Rod Speed <rod.speed....@gmail.com> wrote
keithr wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote
terryc wrote
Rod Speed wrote

That will be true for the forseeable future, and certainly for
as long as they will be borrowing that money, essentially
because the interest rates in the US and Japan are MUCH
lower than ours because that the only tool they have to
have any hope of doing anything about their unemployment
rates that are TWICE what ours are, TEN times what ours
are in our tightest employment markets.

Echo, echo, echo, echo. heard that so many times during my lfetime.

And its been true that our interest rates have been
substantially higher than theirs for the whole of your pathetic
excuse for a lifetime too.

Which rock have you been under?

Any 2 year old could leave that for dead.
Get one to help you before posting again.
If anyone is actually stupid enough to let you anywhere near one.

Rules of the internet - any discussion with Rod Speed or Phil Allison will end with insults.

Everyone can see for themselve that you are just another lying pom.

Time we sent you back like that other one.

But Gillard is still here.
No she aint, she's back in pommyland.

With any luck, one of the Fenians will blow her bits when she's grovelling to some royal or other.
 
keithr wrote:

Rules of the internet - any discussion with Rod Speed or Phil Allison
will end with insults.

Everyone can see for themselve that you are just another lying pom.

Time we sent you back like that other one.


Q.E.D.
Clap.
 
On 21/04/2011 10:16 AM, Don McKenzie wrote:
Australian Dollar just walked through 1.07AUD to the USD exchange rate.

http://www.xe.com/currencycharts/?from=AUD&to=USD&view=10Y

Doesn't matter if you are an importer, an exporter, a traveler, or
simply a consumer, this will affect you.

I remember when it was .4790 in April of 2001. That's 10 years ago this
month.

I decided in April 2001:
If I purchased in USD, then I would sell in USD.
If I purchased in Euros, then I would sell in Euros.
If I purchased in AUD, then I would sell in AUD.

So I patch into my Dontronics shopping cart daily, these two additional
exchange rates, and I have never had to keep chasing retail prices, and
continually changing them. It has saved me a lot of time and money over
the years.
(Didn't save me any hair).

I would imagine it would be a nightmare trying to manufacture in
Australia, import components, and then sell locally and globally, at
this massively forever changing exchange rate. Where is it going next?

Cheers Don...

Ref:
http://dontronics-shop.blogspot.com/2011/04/australian-dollar-just-walked-through.html


========================

Tell that to ANZ bank, I went in to the local branch, where I keep my
accounts, to buy USD200 in cash, they wanted $A198! Thats the sort of
rate that you expect from the rip off artists at the airport, not your
local bank.
 
On 02-May-11 12:59 PM, keithr wrote:

========================

Tell that to ANZ bank, I went in to the local branch, where I keep my accounts, to buy USD200 in cash, they wanted
$A198! Thats the sort of rate that you expect from the rip off artists at the airport, not your local bank.
Only reason OZ banks survived the GFC is that they are greedy. Many world banks went under, but not OZ.

Cheers Don...

==================


--
Don McKenzie

Dontronics Blog: http://www.GodzillaSeaMonkey.com
Dontronics Site Map: http://www.dontronics.com/sitemap
E-Mail Contact Page: http://www.dontronics.com/email
Web Camera Page: http://www.dontronics.com/webcam
No More Damn Spam: http://www.dontronics.com/spam

These products will reduce in price by 5% every month:
http://www.dontronics-shop.com/minus-5-every-month.html
http://www.dontronics-shop.com/ics.html

Bare Proto PCB for PIC or AVR projects?
"I'd buy that for a Dollar!".
 
Don McKenzie wrote
keithr wrote

Tell that to ANZ bank, I went in to the local branch, where I keep
my accounts, to buy USD200 in cash, they wanted $A198! Thats the
sort of rate that you expect from the rip off artists at the
airport, not your local bank.

Only reason OZ banks survived the GFC is that they are greedy.
Thats just plain wrong. They all survived the GFC because they
werent allowed to do what the stupid yanks allowed theirs to do.

Same thing happened with Canada too, not one of their retail banks
imploded spectularly or even needed to bailed out by govt either.

Many world banks went under, but not OZ.
Not in plenty of other places too.
 
On Mon, 02 May 2011 12:59:03 +1000, keithr <keith@nowhere.com.au>
wrote:

Tell that to ANZ bank, I went in to the local branch, where I keep my
accounts, to buy USD200 in cash, they wanted $A198! Thats the sort of
rate that you expect from the rip off artists at the airport, not your
local bank.
But that probably included a service charge of $15 or so - that's the
way the banks generally get you with things like that.
--
Sell your surplus electronic components at http://ozcomponents.com
Search or browse for that IC, capacitor,
crystal or other component you need.
Or find new components at http://auscomponents.com
 
Don McKenzie <5V@2.5A> wrote:

On 02-May-11 12:59 PM, keithr wrote:

========================

Tell that to ANZ bank, I went in to the local branch, where I keep my accounts, to buy USD200 in cash, they wanted
$A198! Thats the sort of rate that you expect from the rip off artists at the airport, not your local bank.

Only reason OZ banks survived the GFC is that they are greedy.
I don't think that is true. I believe that the reason the Australian
banks survived the GFC and retained their credit ratings was because
they are tightly regulated. APRA even reviewed their mortgage exposure
_before_ the GFC. There has been bipartisan support for this policy
and successive governments have strengthened it and broadened it to
include other financial institutions. Contrast this with the extremes
of deregulation as evidenced in Iceland.
 

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