Today marks the first time that the Euro has traded for $1.50 in U.S. money. That’s right, a buck fifty buys you only a single Euro. This is not good news for Americans planning to live abroad right at this exact moment. It also means that the dollar will need to strength significantly, or I will have to win the Lotto, before I can go visit my cousins in Italy again.
They, on the other hand, might be able to afford a trip here if they can only scrape together enough money for the airfare. After all, the exchange ratio works two ways, and to them, a dollar would only cost seventy-five cents. It would be fun to show the suddenly-rich Italians around Los Angeles, and good language practice for me. “Sì, questo è il luogo dove ha ottenuto un travestito en l’auto de Eddie Murphy.” “Te piace il cane de Dodger?” “No, sarebbe scortese chiedere Signora Hilton per il suo sopra del’ bikini. Non importa che lei è ubriaco. Dobbiamo invece avere alcune sushi.“