US keep on printing money, so the value of the US dollar is weaker, meaning need more of the dollar to buy the same item.
I do believe inflation is going to come. Massive or not? It might not be like the 20's, 40's and the 80's, but anything from 8~10% still hurts..
I think US$ vs Cdn$ at par is very possible, today is at 91 cents. Like Catpiano said, good for us to go shopping down south. And....... if you have investments overseas, your curency rick is already lower. : )
Just my personal thoughts.. : ) |