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November 7th, 2007

ritaxis: (Default)
Wednesday, November 7th, 2007 11:02 am
Idiotic straight extrapolation -- If CZK300,000 went from $12,000 to $16,359 in five months, in a year it would go to $22,461, which is a rate of increase for CZK/decrease for dollar of 87%. I think.

But the Canandian dollar has only gone to $1.10, which is what? I forget how much the Canadian dollar was earlier this year. But not more than a third less than it is now, surely?

Maybe what we ought to do next year is go ahead and borrow the full amount of his expected expenses for the rest of the time, turn them into CZK, and have him pay us with his loans -- to pay off our loans, which won't wait until he is finished -- while paying his fees from his stored CZK. Which he'll have to turn into Euros at some point. Next year?

Does anybody think the dollar will rally especially in the next six years?

Does anybody know anything about money?