No. But all good things come to an end.... - Saab 9-5 Bulletin Board - Saabnet.com
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No. But all good things come to an end....
Posted by sph3re (more from sph3re) on Tue, 27 May 2003 07:26:56
In Reply to: Euro Up 20% on Dollar in Last Year, David G. Mills, Tue, 27 May 2003 06:53:19
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If anything, the Euro's rise would (will) cause deflation of the American Dollar, ie your dollar will buy more than it used to. However, the relationship between the Dollar and the Euro, as well as deflation / inflation have nothing to do with it.
Basically, all good things come to an end, and interest rates have pretty much bottomed out and are rebounding (in favor of the banks and not the consumer). Which is why you're seeing less deals on APR, etc. but more "incentive" programs to counteract it.
Just my $0.02.
posted by 63.66.24...
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