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"This weak dollar sucks the big fat one. "


read 949 times | 23 replies | posted 7/13/2008 6:05:28 PM
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joet 1706:43
We used to have Europeans complaining about the cost of premium membership. That hasn’t happened in a while. thumbs up 7/13/2008 7:16:13 PM

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eaglefan538 2362:90
The weak dollar isn’t going to help anyone in the long term. Even as it increases our exports, the dollar is worth less and less as inflation is also creeping up at the same time. If we didn’t care a huge trade deficit, then a weak dollar would be more helpful.

As it relates to imports, yes it stinks, especially for these wonderful Spanish and French red wines that are ramping up the price scale. Guess we all need to find local US-produced goods for a better buy for the dollar. At least they haven’t moved our craft beer industry to Asia.
7/13/2008 7:16:29 PM

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mutant 854:1
Originally posted by joet
We used to have Europeans complaining about the cost of premium membership. That hasn’t happened in a while. thumbs up


Last year membership cost me around AU$16.50. This year AU$13.91thumbs upthumbs up

Like Harry said Boo Hoo or rather Woo Hoo
7/13/2008 9:17:21 PM

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bhensonb 4263:287
Way cool. Australian ales are more affordable. No. Wait. Got that backwards. Dang. Just wait til next year. New administration. Dollar rules. Beer is affordable. Farking far out. I hope.

Originally posted by mutant
Originally posted by joet
We used to have Europeans complaining about the cost of premium membership. That hasn’t happened in a while. thumbs up


Last year membership cost me around AU$16.50. This year AU$13.91thumbs upthumbs up

Like Harry said Boo Hoo or rather Woo Hoo
7/13/2008 10:16:13 PM

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cheapdark 2016:65
Originally posted by HogTownHarry
all I can say is:

boo hoo.


shocked
Thanks, for your empathy Harry!

It’s just another sign of the languishing times, the decline of American Exceptionalism.

Since the government is simply printing out more money as fast as they need it, the U.S. dollar is becoming more worhtless every day.

They quit keeping track of the US$ money that is actually in circulation. Its now a fiat currency, backed by nothing. Look how the US$ has stood against something of real value, gold for instance.

I predict the dollar will go away and be replaced by a unit good in all american countries, not just the U.S. (the Amero?)

My wife is right, why am I saving? It will all be worthless in the near future if our elected officials don’t do something about it..
7/14/2008 9:11:53 AM

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OldGrowth 1425:107
This topic seem to be getting more OT-M than Beer/Site news, but anyway I’ve talked to a couple brewers who point to the weak dollar as a reason for the hop shortage. Euro’s swopping in and buying hops.
The way it’s affecting me is by limiting my travels, A few years ago I’d think nothing of driving 100 miles to go to a brewpub for lunch, now I usually stay in my local area.
7/14/2008 9:17:00 AM

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TheCheeseMan 538:11
Try selling imported cheeses these days. Everything is now a spot market quote. unamused 7/14/2008 9:25:10 AM

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beastiefan2k 1600:108
sticking more to local beer, in the end helps the local brewers. 7/14/2008 10:45:28 AM

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FooFaa 1:25 Yes. $12 for an Olfabrikken Porter. 7/14/2008 10:59:35 AM

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SHIG 2032:81
Well for me it has changed a lot of my beer rating progress. As you might or might not know I work for Uncle Sam, presently stationed in Germany. It seems worse when you are paid in Dollars, but all your bills are in Euro. The days of me going and dropping 200€ on beer at a whim is over. Now I plan and budget out my shopping more over periods. In fact, I haven’t bought beer since mid-Apr here in Europe and I’m getting low in my beer closet. What is worse is the crappy macros on base are more expensive then ever, its cheaper to by cases of imports sold on base. Just my .02¢ or .012€! 7/14/2008 12:39:45 PM

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