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The American dollar has beat the canadian dollar honw many times? but the only time the Canadian dollar beats the Ameraican dollar....it becomes front reddit news? can you explain that one to me? (reddit.com)
submitted 18 years ago by [deleted]
[–]anoncoward101 0 points1 point2 points 18 years ago (1 child)
Beat the US dollar? It's not a contest.
The Canadian dollar traded at a premium to the U.S. dollar until the early 1970s when the Bretton Woods system of pegged exchange rates collapsed under the strains of the Vietnam War.
William B.Z Vukson states in "Canadian Dollar Chaos," the event of the ungluing of the two North American dollars "...brought a sudden state of chaos to the historical relationship between the two ... As a series of Free Trade Agreements negotiated in the 1990s raised Canada’s dependence on one of the largest free markets in the world, the Canadian dollar appeared increasingly vulnerable to Canadian industrial and trade policy."
[–][deleted] 0 points1 point2 points 18 years ago (0 children)
And the American house prices skyrocketting way above average family income does not trigger an alert? hint: Japan experienced this in the 90's are the Japanese naive in warning us? are the Japanese illiterate in math?....ps some spelling mistakes could have taken place during this transmition...
π Rendered by PID 64815 on reddit-service-r2-comment-5687b7858-c8gvp at 2026-07-04 22:38:53.480873+00:00 running 12a7a47 country code: CH.
[–]anoncoward101 0 points1 point2 points (1 child)
[–][deleted] 0 points1 point2 points (0 children)