Wednesday, June 3, 2009

eBay currency index

That 499.99 GBP item?
It's now at $821.38!

On 17 Mar I reported:
the dollar dropped today...

how do i know?

eBay! - a "buy it now" item listed at 499.99 GBP is currently at $704.34.
Yesterday it was in the mid-$690s.

Yes - even eBay is a source of financial information!
Again: it may be time to re-think that European vacation!

p.s. from $704.34 on 17 March to $821.38 on 2 June is about a 42% decline of the dollar.
At an annualized rate: 58%!
We're getting poorer by the minute!

No comments:

Post a Comment