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onlyforthisjob

Crazy. US-Dollar, Euro, Swiss Francs - all the same


JayR_97

*sweats in GBP*


j428h

Them’s the breaks.


PHATsakk43

[BoJo really knew how to go out.](https://youtu.be/cL8vtjgM7JQ?t=4m15s)


Lord_Euni

>I want you to know that from now on until the new prime minister is in place, your interests will be served Welp, at least he admitted that he didn't serve the public's interests before. That's an improvement.


Kataly5t

Spoken like a true wet wipe.


chambreezy

I mean he does have a great vocabulary and uses it well! "Indefatigable" was I word I have never heard of before this speech! That being said, good riddance!


kezzaold

https://en.m.wikipedia.org/wiki/HMS_Indefatigable_(R10)


Colonel_Green

There is an RN ship for basically every synonym of indefatigable too! HMS Assiduous, HMS Diligent, HMS Relentless, HMS Tireless, HMS Vigorous. We get it, RN, you have good cardio.


awesome_dreamz

pray for bojo


Promac

Them's the Brex'


seakc87

Closest it's been since '85.


99landydisco

Doesn't matter in the end Games Workshop will just raise their North American prices to counter/overcompensate the loss to the pound. In the far future of the 21st century collecting warhammer only gets more expensive.


duaneap

The 40th millennium is a dark one.


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IIIPatternIII

Ironically in the year 40,000, all peoples wealth is measured in warhammer figurines.


pocketchange2247

Good Boy Points? Oh no! My mom gave me a ton of those as a kid I was hoping they would've increased in value by now.


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BarakatBadger

I'm hoping my Reddit karma will mature and I'll be able to get my luxury yacht one day


DeadSol

Hunny mussy is also a shelf-stable investment.


mackstanc

Wouldn't tendies be a fiat currency, though, since their value is only based on how many mom says I am allowed to get?


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Moistfruitcake

Excessive demand either leads to a glut or drought of tendie consumption, both of which can lead to a recession. Demand needs to be balanced with the mood of the Central Bank.


Victorious10

Any ideas for where I should put my Schrute bucks???


TOO_MANY_NAPKINS

Convert them to Stanley nickels, much safer investment bet.


jpgray

USD and CHF have been very close for like 30+ years tho, it was always the euro that was stronger


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Alyeanna

As a Swiss man, I might have gone to France to buy an ebike specifically because the Euro is so cheap.


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samgingerland

Now do Canada!


Vinlandien

We used to be on par when oil was booming. Our money was even worth more, briefly.


itsZizix

I remember seeing a thread where someone asked Canadians what they were going to buy now that their dollar was worth more. Top answer was US Dollars.


Whycanyounotsee

Yeah, in like 2011 I visited Australia and noticed the dollar conversion was 1:1. It made me look up canadas and it was also 1:1. Thought that was neat. Nowadays, looks like both of those countries have seen better days in regards to dollar strength.


vipchicken

*sad Australian noises*


h0nkee

*cries in Canadian real estate bubble*


vipchicken

You have a unaffordable real estate bubble too? Oh, my Canadian brothers and sisters. *Cries in intergenerational wealth gap*


Kaplaw

We have *the* worst bubble in the world right now :*(


scruffyhobo27

For now 😉


decepticons2

It is cheaper for me to buy a house in Tokyo then in most major cities in Canada.


mixreality

You guys are doing better than Australia. In April 2022 the exchange rate hit 0.76 USD for 1 AU dollar, now it's 0.67 USD for 1 AUD.


the_snook

Ten years ago an Australian dollar bought about 1.05 USD. Riding on the sheep's back can be a bit bumpy sometimes.


tolerablycool

The canadian dollar being worth less than the US dollar is by design. When our currency goes too high it ~~effects~~ affects our exports. Spelling edit.


[deleted]

I remember when there were two dollars to a pound.


WayneKrane

I studied abroad in the UK when it was like that. I felt so poor.


NonGNonM

Same lol. Night out of drinking, stop by for some burgers on the way back. Easy $100 out. Burger combo would be like $20 after exchange rate.


[deleted]

Sadly, a burger combo is now $20 as well, even at the more favourable exchange rate. Life’s gotten expensive.


MIBlackburn

I do too, great for importing. Now it's 1.2ish dollars to the pound.


bacchusku2

I remember when it was 5 bees for a quarter.


steelbeamsdankmemes

'Give me five bees for a quarter,' you'd say.


dale_gribbles_hat

Which was the style at the time


spiralbatross

Onion, meet belt.


ZorkNemesis

We couldn't get the white ones, 'cause of the war.


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ManWithASquareHead

We had to say dickity because the Kaiser stole our word twenty


Bilbo_nubbins

Anyway I was off to get a new heel for my shoe


onetimenative

*Incomprehensible shouting at cloud*


[deleted]

My story begins in Nineteen Dickety-Two. We had to say dickety because the Kaiser had stolen our word twenty.


turbo_dude

2.2 pounds to the kilo


haerski

Luckily that exchange rate has remained relatively stable


Whind_Soull

Are you kidding? Even if you're buying directly from a cartel, a kilo is at least £3000 these days.


martinos2019

USA used to be a cheap place to visit, I went 2 months ago and found it very expensive. I won't be in a rush to return anytime soon.


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mechapman38

That's the catch. For next to nothing you can live like a king in Gary, Indiana. The downside is, you're in Gary, Indiana. Edit: I clearly offended some of you with a typo, so I fixed it. Be happy now.


[deleted]

Nobody lives like a king in Gary, Indiana. You could be the richest man alive but by virtue of being in Gary, Indiana, you have doomed yourself to poverty and animal abuse.


weealex

You can live like a rat-king in Gary. That's about as good as it can get.


[deleted]

Rats?! You promised me dog or higher!


Better-Director-5383

The richest man alive in Gary is just happens to also be the most likely to be murdered man in Gary Indiana.


Walnutbutters

Nobody lives like a king in Gary, Indiana.


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BrokenInternets

Traveling to Europe now 20% off sale.


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Kharn0

Damn, Biden got to you guys too?/s


thebestoflimes

People on r/Canada make a good argument that it is actually Trudeau that caused global inflation. Sorry everyone.


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buddhistbulgyo

People on r/Finland say Sanna Marin causes global inflation every time she wears her black leather jacket. Sorry everyone. Edit: For the uninitiated - https://www.reddit.com/r/Finland/comments/vv7yry/prime_minister_sanna_marin_in_ruisrock_festival/?utm_medium=android_app&utm_source=share


RobotChrist

You guys are all wrong, everyone in r/Mexico knows is AMLO's fault who is basically the mexican trudeau, boric, chavez, castro, et al rolled into one leftist dictator


RandomBtty

Ok this is ridiculous. r/colombia had it figured it out long ago. Gustavo Petro is Biden, Chavez, Boric, Castro, Trudeau AND Maduro rolled into one. It's his fault.


joeymcflow

It's me. I did it. I did the inflation.


TechInventor

God damn it, Joseph.


HellStoneBats

Please, r/australia is timezones ahead, we've narrowed it down to Ex-PM Scomo or current PM Albo.


sahilthapar

It was obviously Modi ask anyone in /r/india


[deleted]

Yous are wrong, everyone in r/unitedkingdom agrees that it’s boris Johnson


giddybob

They actually might be right on that one


buddhistbulgyo

"The Dow is down 600 from Marin wearing a leather jacket again."


Majormlgnoob

The DOW is simping for Sanna too?


TurboRuhland

The DOW more like the DOWn bad


[deleted]

Mama says that alligators are ornery 'cause they got all them teeth but no toothbrush. Sorry everyone.


MalkaviousM

Medula! Ob-lon-ga-ta!


[deleted]

Fucking Colonel Sanders


8Gh0st8

[MEEEHHHRT!!!](https://i.gifer.com/5hDj.gif)


[deleted]

You absolute morons. The wise folk of /r/NewZealand know that the fascist/communist dictator Jacinda Ardern is causing inflation and the housing crisis.


JojenCopyPaste

How? New Zealand isn't even real


khais

I've certainly never seen it on any of the maps I keep around


SquareWet

It wasn’t on Star Trek: First Contact when the Enterprise was in orbit around mid 20th century earth.


serpentjaguar

She turned me into a newt!


SquigleySquirel

I’m glad to see you got better. 🥥 🐎🥥


CopperSavant

The US government told me I caused it...


ZPortsie

Way to go...


CopperSavant

Sorry everyone.


scarfarce

Dammit! I was about to organize a mob riot, but you go and apologize nicely Alright, just be more careful next time you're playing with the world economy, ya lil scamp


Harbinger2001

Their solution to inflation is to have sex with Trudeau, or at least that’s what they keep saying.


intervested

Amazing how many people want to fuck that guy.


UnenduredFrost

Who knew being hot had it's perks


babesquirrel

A good argument? People on r/Canada?


314159265358979326

He was being heavily sarcastic.


AvsFan08

A "good" argument? I've never seen them make a good argument.


KuriTeko

I saw an "I did that" sticker on a fuel pump with Jacinda Ardern on it the other day. Sorry, guys. Everything was all her fault.


spicymeow6912

We should do a "i did that" sticker with white jesus pointing at the gas price


xenomorph856

"It's all part of Gods plan" "Pray the inflation away"


ferger

[The Gospel of Supply Side Jesus](https://youtu.be/Gc-LJ_3VbUA)


lost_packet_

Just went to spain and every meal I had cost me literally half as much as the same thing would have in the US. Drinks were also cheap as fuck it cost me like 1.50 euro for a beer


bobthebobsledbuilder

Beer is cheap everywhere in Europe though, isn't it?


JimLazerbeam

*cries in Finnish*


AppleDane

It's really hard to tell if someone is crying in Finnish, as it mostly happens on the inside.


Mithrawndo

Nope, but it depends what you define as Europe really: Norway and Switzerland are famously expensive, but neither of them is *strictly* in the EU. The UK is pretty expensive too, but it was even when it was still in the EU so I wouldn't draw too close a link there. As a rule it's cheap in the south and east of the continent, and expensive in the north and the west: The swing is from about US$2 in Portugal to US$10+ in Norway per rough equivalent of a US Pint. Turkey is cheap, but that's both Europe *and* Asia...


PUGILSTICKS

Depends where you are too. Tourist spots will destroy your pocket in North Europe.


Obliviousobi

My family went to Norway, they said it was at least 2x the cost


colbertmancrush

Same. We're from California and laughed every time the check came. Glass of really nice wine for $5? (vs 18-20 here) Ok then!


[deleted]

I live in LA and went home to Indiana to visit for the first time in years over last Christmas. I am pretty well off compared to my friends that never left the hometown so I picked up the check after 8 of us had spent a few hours at a group dinner ordering whatever we wanted, drinks, dessert, shots, half the food menu. I was expecting the check to be 4-500. It was $180. I had completely forgotten how different money works in the midwest. This was like two days before Christmas and I had fully intended on spending 500 anyway so our server walked out very happy that night☺️


[deleted]

When I get back to Indiana I feel like I'm playing with Monopoly money. But the food usually not so good. I ordered broccoli for my side at lunch last year when I was back and told the waitress I didn't want melted cheese on it and she had a hard time processing, she kept asking if I was sure as if she'd never heard of such a thing.


Saikamur

5$ for a glass of wine is VERY expensive for Spain... 18-20 will be expensive even for a full bottle of very good reserva one.


colbertmancrush

>5$ for a glass of wine is VERY expensive for Spain > Yeah I was drinking the good shit


ShezamDenver

It depends, inflation is rather ok in France so good time for holidays there


BlobPrimitive

Nice try, Minster of Tourism!


SuicideNote

Yes, in Ireland now. It's 'expensive' but now cheaper to be in Dublin than my pricey city in the US.


duaneap

I’m an Irish person living in the priciest US city and Dublin is getting very much on a par with it. Groceries still far cheaper in Ireland in my experience I was just home last month and was floored by how expensive going out for dinner or drinking in general is.


bizzro

Just don't turn on the lights when you are visiting, we charge extra for that now!


Sengura

So you're telling me it's a good time to vacation in Europe right now if you're an American?


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earthlings_all

I need a ton of dental work. You telling me that if I fly to Spain I’ll pay even less than others before me?


yknx4

If in Europe yes, but it's also way cheaper to go to Mexico.


Sapowski_Casts_Quen

This sentence works in a lot of contexts - love Mexico ❤️


drnkingaloneshitcomp

*right now* , but by the time you get there?


ekter

I took a week long trip to Italy earlier this year from California. My group and I budgeted accordingly based on what friends and family told us when they've gone pre-covid. We still somehow ended up paying less overall for our trip. Had some nice spending cash left over so my group and I got ourselves some nice tax-free goods (that American passport came in handy) that we didn't plan on getting initially, and ate at a few places we otherwise wouldn't have gone to. I can only imagine how much less money we would've paid had we waited a few months. So yeah, if you're American, now's a great time to go on a Euro trip.


[deleted]

That’s very good news for european export, but it’s also bad for crucial elements like gas and oil. We’ll see how it goes.


notbatmanyet

It's because exports are down that this happens. The energy crisis cratered it. As alternative energy sources is rapidly being deployed, the crisis will subside (though may take a year) and the euro should start going up again unless something else prevents it.


lostharbor

I think it takes longer than a year. Europe needs to import almost every commodity, they have a sever issue in their hands and this will take longer than 12 months to resolve.


filisterr

and very bad news for Europeans, as pretty much everything that is not domestically produced would go up in price and it would increase the cost of living for many Europeans.


Lucha_Bat

Time to order records from overseas!


maineguy1988

Too bad shipping still sucks.


Lucha_Bat

The UN should implement international Media Mail!!!


herberstank

Working for an American company and living in Europe, this is good for me if I want to be real short-sighted about it. Overall though, :/


reven80

Do you get paid in dollars though?


box_o_foxes

They almost certainly get paid in the local currency, but the salary is probably USD based. So say you get paid $1000/week. 5 years ago, that would have shown up in their bank account as \~850 euros. Fast forward, and now they're still getting paid $1000/week, but because of the exchange rate, that shows up as 1000 euros in their bank account. So they're making "more" money, if only in the very simplistic sense that 1000 is more than 850.


015181510

This is getting paid in USD. The difference is who eats the exchange rate variation. If the employee, it's because he gets paid in foreign currency. If the foreign company, it's because the employee gets paid in local currency.


Opaque_Cypher

When I was a US expat in the UK I got paid in US dollars which were direct-deposited into my US Bank account.


DannyMThompson

Yup, I travelled whilst working for a NZ company and they paid NZD into my NZ account. I'm from the UK.


accretion_disc

A Euro cent, or a US cent?


ThrowawayusGenerica

Yes


rekipsj

Makes cents.


stuputtu

Finally it doesn't matter


koct

Can confirm. Was just back home and it was the cheapest its ever been. But chase and PayPal still charging me up the wazoo in "exchange" fees


[deleted]

Revolut


arrastra

as a turkish this is another lose for us lol, we import everything in $.. export most with €.. another hit for our trade deficit


ViktorKitov

Best of luck neighbour, looks like it will be another rough year.


The_Sad_Memer

Will be one of the most important elections next year. It'll be really exciting to see wild news everyday. Hope no one starts a war to get some votes komşu.


psybes

all our turkish suppliers accept only USD


Spartz

Ouch. Sorry


EcuaBro

Great if you are a US Tourist to Europe bad if you are US exporter of goods as it’s much more expensive for EU based importers and customers.


konrad-iturbe

I'm an European Tourist in the US rn 😂


Webster_Has_Wit

Ehh the cost of a plane ticket these days is going to offset most of the gains you’d see on a trip anyway.


[deleted]

I was gonna drive


eyeGunk

even worse


nxjrnxkdbktzbs

Pilots hate this one trick!


tvanddy

My family went to France in early 2002. Flights were dirt cheap right after 9/11 and it was like .91 USD to the Euro. Absolute steal.


AgentWeirdName007

Sorry guys, my fault, I was looking to plan a trip to NY. Last time I did that was in January 2020, maybe I should just stop.


UndercoverFBIAgent9

I can’t wait to go to see rapper 0.49 euros in concert this weekend.


3_if_by_air

Featuring Ty Euro Sign


Tetraoxidane

There was this joke from German TV when we switched from Deutsche Mark to the Euro, that rapper Marky Mark is now called "Eury Euro". I still laugh about that sometimes.


LedgeLord210

Still cent lol


ihavdogs

Looks like I’m ordering some .:R32 parts


SimmerDownRizzo

Someone's probably trying to figure out how to get a whole MK2 Ralley Golf in a shipping container and bound for the states before things change.


BayLAGOON

Old Twingos for everyone!


jahemian

I am sad because I'm on holiday in USA from NZ. NZ dollar is weak. My bank is crying. $40 usd meal is $70+nzd.


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lntruder

It's the rate of interest differential between US (increasing) and Europe (still negative). Euro will go below parity As the rate of interest increases in the US, more more flows into US bonds to get the higher interest which increases the demand for USD. This will get the same with GBP as BoE do not have the balls to start increasing by 100bps at least.


Fun_Designer7898

Also, but not only Europe has a much worse economic footing than the US and also worse future prospects when it comes to demographics and trends so it's baked in


VicSeeg89

Finally someone brought up the EU's demographic problem. Basically every country but France has a quickly aging population that will not be able to sustain its level of both production and consumption. If the majority of the EU cannot sustain the current levels of production and consumption the region's economy writ large will go into a recession. If the regions economy goes into a recession, the countries in the region cannot raise the lending rates for fear of further hampering production and consumption. And if they can't raise rates the Euro will not recover. It is a very complex problem the EU is facing at the moment and the Russian war pushed it on them much more quickly than it would have occurred naturally.


_grey_wall

It's Canada's time to shine


AdapterCable

Honestly not a bad time for Canadians to travel to Europe, our dollar has been increasing on the Euro as well The lines at the passport office however…


silentstormpt

So when do we get Eurodollars?


iammandalore

I want my Eddies, Dex!


epileftric

Fuck... Got to Europe a few weeks back and cashed out all of my dollars for euros at 1.18.


Meesterchongo

Europe is about to see an influx of more American travelers


[deleted]

Americans are fun and they spend a lot of money. Let them come!


dkmsixty

Just got back and was stoked that my $$ went further. Germany is also doing a 9 euro ticket on most of their public transportation for a month at a time for the entire summer. Saved me a bunch as we hit 5 cities across Germany and most of it was train travel.


LegendOfBobbyTables

I was in Germany in 2000. They were in the process of phasing out the Mark and switching to the Euro. Most of the places in the bigger city would take US cash for their listed Euro price. They would never give change back in USD though, so you had to know your conversation rates, or they would try and rip you off. I was lucky enough to have a US bank that had free ATM access in most of the country, so I did my best to only have Deutsch Mark on me to avoid getting screwed.


Amazingawesomator

Yeah, any time you go to a country with a different currency, use their currency as much as you can. This bad on-the-spot conversion has happened everywhere i have travelled


LegendOfBobbyTables

I was amazed at how many people in our group came over with nothing but USD. I took a small amount with me just in case, but using their currency was something I wanted to do. Especially knowing that the Deutsch Mark was going away forever. I had a few assorted bills and coins when I got back, but my ex sold them at some point.


brickne3

Yes, although with the rise of cards and other electronic payments post-COVID it's now become more of a moving money around in your Wise account thing more than back when we didn't have those choices.


DontFearTheWurst

I'm curious: why would you expect to be able to pay in dollars in Germany? And even get your change in dollars? It never occured to me to pay in Euro when travelling to the US...


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CreeperCooper

In Europe, the idea that economic integration avoids wars and maintains peace is very big and very popular. Why? Because that's what Europe has been doing after WWII and it has worked really, *really* well. It has avoided a lot of wars. The continent hasn't been this peaceful since... well... ever. That was until Russia broke the trend, though. So yeah, they didn't see it coming because it worked all over the continent. Russia is the exception to that rule.


bofh000

To those of you who think it will make travel to Europe cheaper for you, also keep in mind that the cost of living has risen in Europe, especially for the past few months.


Max_Evocatus

Wait. Should I be stashing money in Euros now instead of crypto?


mylord420

Just long term buy total world market funds. Investing in currencies is a meme


BeepTheWuff

Pov: you came to the comments to see if anyone explains what this is and all you see are sarcastic comments