18 replies to this topic

[WizWor]

I always estimated the Euro - US rate at 2:1. Now it seems that the rate is changing in favor of US consumers of Euro priced goods.

Two questions for people selling Euro priced Atari devices...

1) Have/will you adjust your prices (i.e, is this euro-inflation)?
2) Does this impact your bottom line?

If the answers to 1 and 2 are no, why aren't you guys shouting about this on AA?

[Mathy]

Hello WizWor

The Euro to USD rate never was 2:1. At it's highest point, it was slightly over 1,3:1, maybe even 1,4:1, but never higher.

Mathy

[WizWor]

So, I'm getting excited for nothing? LOL -- nothing new. Just the same, are these available at the current rates? Seem like a bargain to me.

SIO2SD
AtariAge user lotharek (Euro 76.25 with case)
AtariAge user mega-hz (Euro 80 with case, Euro 35 without case)
AtariAge user Pigula (Euro 40 without SIO cable/connector)
AtariAge user santosp (Euro 50 with case)

SDRIVE
AtariAge user santosp (Euro 45 with case)

Edited by WizWor, Yesterday, 2:07 PM.

[Faicuai]

...Very unlikely for the Euro to ever reach a 2:1 valuation, with respect the U.S. $.

The Euro (even at $1.35/$) is already over-valuated (in PPP terms) by about 30% with respect the U.S. $. It should remain / hovering around $1.20/Euro, for the rest of the year.

There is little else left for the Euro, for now, except falling, at least during this year. If they don't really resolve (in 12 months) what they have not fixed in 15-years, Europe will be in DEEP do-do (deeper than anything we have yet seen in the U.S.).

The U.S. $ will eventually rule (yet again, and for the time being), not because it is much better (fundamentally), but because it exists in a more cohesive environment, it is better regulated, it offers MASSIVE liquidity, and (to top it off), the U.S. has ZERO debt (virtually none, whatsoever) in any other currency, except the U.S. $., for which the U.S. is the ONLY issuer on this planet, and within which 2/3rds of global reserves are concentrated.

[high voltage]

I thought US is bankrupt like Greece. It seems Obama is printing money like monopoly money

[andym00]

[deleted]

[high voltage]

no wonder Atari games are being sold in the US for much much $s:
http://www.usdebtclock.org/

[RedRaider]

I'm glad the Euro is down, it needs to keep dropping.

[kenjennings]

WizWor, on Fri May 25, 2012 1:53 PM, said:

I always estimated the Euro - US rate at 2:1. Now it seems that the rate is changing in favor of US consumers of Euro priced goods.

Not so much. It's been a lot lower than 1.2. Highest it's ever been was (nearly) 1.6.

http://www.oanda.com...storical-rates/

(Pick Euro as "Currency I have" and change start date to the inception of Euro, 1 Jan 1999.)

[andym00]

No matter how much I bite my lip and say no:
15 Trillion dollars of debt... Roflmaololollolouchouchmyribs!!!

You are the next Greece I reckon..

[Gunstar]

high voltage, on Fri May 25, 2012 2:27 PM, said:

I thought US is bankrupt like Greece. It seems Obama is printing money like monopoly money

We aren't as bad off as Greece yet, but if we don't throw Obama out on his ass (personally I'd like to see him tared, feathered and ran out of Washington on a pole [and NO, I'm NOT racist, my two best friends are Black and Hispanic] In fact, I would have voted for The Black Gent Herman Cain over Romney if he was still in the race), this election, we will be as bad off as Greece by the end of his second term. But, I think the dollar today is worth about .60-.70 cents compared to the dollar 10 years ago, so if the Euro is equal to $1.25, then that means the Euro is really worth less than a $1 too. (what a dollar should be worth that is)

Edited by Gunstar, Yesterday, 5:26 PM.

[orpheuswaking]

I just need the british pound to drop that far

[Gunstar]

orpheuswaking, on Fri May 25, 2012 5:39 PM, said:

I just need the british pound to drop that far

I know I could look it up, but since you mentioned it, what is the pound worth now compared to the Euro or Dollar?

[orpheuswaking]

it's about $1 to 1.56 GBP

[Larry]

Moderator-

Is this the forum for this discussion?

[orpheuswaking]

it's vaguely related as it affects the prices of euro based Atari equipment

[Faicuai]

andym00, on Fri May 25, 2012 3:41 PM, said:

No matter how much I bite my lip and say no:

...Your lips will BLEED after developing a more global (and better) picture of state of western financial affairs.

When most debt considered (from all key sectors), U.K. ranks FIRST with a staggering >900% Debt-to-GDP ratio. Later comes Europe as a whole with >400%, followed by U.S. around >300%:

http://www.businessi...britain-2011-12

You can go after this chart (with even fresher updates), and you will find that U.K.'s positively ranks first on this (somber) scale.

The U.S. is not greece (by any stretch of imagination), because of how its autonomous monetary system works. The U.K. still manages to float, because it also runs an autonomous monetary system (they never got in the Euro because they knew exactly what it meant), and Japan comes into the same picture, as well.

You better start praying.

[Heaven/TQA]

Ok, wie should Not start politics otherwise it run into c64 vs Atari thread

[Heaven/TQA]

Ok... Could Not resist... How is the financial status of let's say California state? I need no global picture while watching directly inner us depts?