Japan's Nikkei surpasses 1989 all-time high

Re:Japan's Nikkei surpasses 1989 all-time high by foobiekr on Thursday February 22, 2024 @02:26AM (#39464223)

This was a very very brief moment when the CAD appreciated. Are you sure you didn’t just end up coming of age at a particular moment, specifically 2006-2012?

Because otherwise the exchange rate has been about where it is now to substantially worse for the rest of the data set.

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Re:Japan's Nikkei surpasses 1989 all-time high by jessekv on Thursday February 22, 2024 @04:13AM (#39464871)

I read their comment differently than you did. I think the point they are making about exchange rates goes like this:

The dollar amount in CAD was normally higher than the equivalent in USD. For example, next to the bar code on the back of a paperback, it would list the prices as $15 USD or $20 CAD. Many other goods have similar price differences.

Lately in the US it seems like a lot of prices are increasing to the same number value, despite the exchange rate.

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Re:Japan's Nikkei surpasses 1989 all-time high by grecy on Thursday February 22, 2024 @11:54AM (#39469777)

> Are you sure you didn’t just end up coming of age at a particular moment, specifically 2006-2012?

I'm 42, so, ah, no.

What I mean is that basically since forever things were cheaper in the US than in Canada.

Gas? 25%-50% cheaper. Cheese (of course) 50% cheaper. Electronics, cars, clothes, hotels, beer, food at restaurants, etc. etc.

Now, everything is more expensive in the US than Canada.

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