[Milton]

Back when we used to have economics they used to value the dollar based on the amount of goods and the amount of money. Now it's a rigged scenario carried out by currency traders and involves sacrificing chickens and examining the entrails, where is the SPCA when you need them? <br />The US dollar should have nothing to do with the valuation of our dollar.

[N Say]

[QUOTE BY= Milton]The US dollar should have nothing to do with the valuation of our dollar. [/QUOTE] <br />In the 70s our dollar was pegged at US$1.06 to keep inflation under control. That's what China has been doing for the last little while & their inflation rate is something ridiculous like 0.3%. I think we should do the same thing now.

[polygong]

Stability is the most important thing for currency. Shifts up and down have bad economic effects. <br /> <br />The actual number is unimportant. It's just a unit of measurement. One Canadian dollar is worth about 100 Yen, does thatmean our currency necessarily the stronger one? Not at all. <br /> <br />If we had a different name for our currency rather than the dollar, "More" or "Less" than the US dollar would be immaterial.

[Jordan Bell]

Well the rise of the canadian dollar in my opinion is a bad thing. I come from a small town where we have to main industrial incomes. The Mill and the Mines. The mines will be shutting down soon and the mill will be the only one left open. With the dollar rising that means the import/export prices are going to go up. With the States being a big buyer that means the paper will me cheaper for them and with the exchange rate we dont get as much money. That leads to jobs being layed off at the mill and a huge money loss.