Recently, I have acquired the knowledge that U.S. and Canadian currency are now at an equal exchange rate. What does this mean exactly? I went to a very very very reliable source to check it out.1
from the text:
“Note that, using direct quotation, if the home currency is strengthening (i.e., appreciating, or becoming more valuable) then the exchange rate number decreases. Conversely if the foreign currency is strengthening, the exchange number increases and the home currency is depreciating.”
Wtfsaurous?2 The U.S.’s currency is becoming suckier? I am sad. Oh but since all the Canadians are rushing to the U.S. to buy stuff, they are in fact boosting the U.S.’s economy. The currency will rise once more!
1 I’m so kidding.
2 Wtf does wtfsaurous mean anyways? It must live with the roflcopters.