The Euro infiltrates New York

Damn those Europeans and their strong currency!

0 comment on The Euro infiltrates New York

  1. nomad
    February 7, 2008 at 12:42 pm

    the same as in UK ;

    I notice that the first place they intend to go into Europe is Paris :lol:

    Reply
  2. Adam B.
    February 7, 2008 at 12:58 pm

    Too bad the danish krone is such a ‘small’ currency. It’s definately one of the strongest currencies out there, but since there’s only about 5,5 million of us, I don’t expect to be able to pay with it in NY in the near future… :p

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  3. Carsten Agger
    February 7, 2008 at 3:02 pm

    I doubt the Danish krone is any stronger than the Euro … as it happens, I even doubt the meaningfulness of debating the strength of the Danish krone as opposed to the Euro – its bound hand an foot, so in that sense,

    kr. == €
    :-)

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  4. Carsten Agger
    February 7, 2008 at 3:05 pm

    But anyway, of course, why would the well-off Europeans bother to change their currency when slumming around in the Third World?

    After all if they don’t take our Euros in the US, there’s always another poor country we can go to instead.

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  5. John Cunningham
    February 7, 2008 at 7:36 pm

    Twenty-three years living in Western New York I got very used to having Canadian money in my pocket. Everyone had each other’s money in their pocket. Over the 23 years the rate of exchange changed frequently, sometimes favoring the US, sometimes the Canadian. It was more annoying, the Canadian money because all the different denominations were different sizes, but Canadian money was prettier. But, getting serious, currency values are not carved in stone.

    Reply
  6. Robby
    February 8, 2008 at 3:21 am

    I am very ashamed of being an American today. How can we let businesses let a foreign currency (especially Europe) be used to purchase goods in their store? These businesses should be shut down immediately! I don’t care about Canada’s currency because Canada is the USA’s neighbor and I like canadians very much. People, this is the United States of America and the American Dollar is used in this part of the world. Hey Euro, take your money back to your third-world continent and stick it where the sun don’t shine. Don’t bring your “Europeanism” into our country. Either respect our country or get out! Sooner or later, americans won’t stand up for this and there is going to be a revolution against all foreigners. This has gone too far!

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  7. Mark
    February 8, 2008 at 4:37 am

    I agree with Robby, obviously those Nazi Krauts in Germany didn’t get the message 60 years ago. It is time to bomb Dresden again. We don’t want their monopoly money!

    Back into the serious mode, this story seems non-consequential. Would we be happier if instead they paid with a credit card and the credit card company handled the currency exchange outside of our view? Are Euros indecent? I know that the German Mark was indecent, but I thought that was fixed with the Euro.

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  8. Mighty7
    February 8, 2008 at 7:22 am

    I was just hunting the Blogsphere…I knew I would find some right wing nutty windbags all pissy about the euro in New York. Cracks me up.

    You f*cked your own home, now you want to blame everyone else in the neighborhood. What a bunch of loosers your are. The whole lot of you.

    Move to Alaska.

    Reply
  9. Craig
    February 8, 2008 at 10:12 am

    Are there even any Europeans who come to the US? I met a Dutch guy 4 years ago, and I met an Irish woman 13 years ago… but they were both immigrants. I haven’t met a European tourist in the US in my whole life. And I lived most my years in New York, New Jersey and Southern California. This whole story is just a publicity stunt. And if any of you Euro-weenies is actually considering coming her, don’t. This place isn’t for you. This country isn’t a damn tourist attraction. You want to sling your Euros, go to Russia.

    Reply
  10. Robert
    February 8, 2008 at 11:13 am

    Even with a strong $ in the80s NY was cheap : clothes, electronics, shoes, food… Today : it is very cheap.

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  11. Olive Picker
    February 8, 2008 at 11:13 am

    Er, I was in your side of the pond a couple of months ago. Had a great time and paid either with dollars or with credit card. And I most certainly did not expect businesses to accept the Euro.

    The only other time I ran into such a phenomenon was in Istambul six years ago where the hotel wanted to be paid in deutchmarks (that was in the pre-euro days) and any other currency but the turkish lira was acceptable.

    This is not a matter of Europeans sneering at the dollar, it’s a sign of american businesses not trusting the dollar. Get your act together before asian banks start turning their capitals into euros and the OPEC countries ditch the dollar because then you will be in real trouble.

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  12. Craig
    February 8, 2008 at 12:00 pm

    People have been bitching about the weak dollar for 976 years. Used to be the Yen everyone was raving about. Wasn’t that long ago. I remember several times when the US was in “real trouble” too. But, we’re still here, and we’re not doing so badly :)

    You youngsters watch too much TV. If you don’t remember the Carter years, you don’t even know what “real trouble” is, in America.

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  13. nomad
    February 8, 2008 at 12:29 pm

    I haven’t met a European tourist in the US in my whole life. And I lived most my years in New York, New Jersey and Southern California.

    that’s pretty weird, behind a computer, we are all virtual : € ~~~~

    ask BJ though, or consult the official gov stats about tourism in the US

    Reply
  14. Adam B.
    February 8, 2008 at 7:29 pm

    3. Carsten:

    Actually, my post was meant as something of a joke, but actually, the danish krone has shown itself to be a good deal stronger than the euro due to the stability of our economy… Yes, we’re bound to the rest of Europe and our national bank mimics the moves of the central european bank, but that doesn’t mean that the rest of the world consider the two currencies equal.

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  15. brooklynjon
    February 8, 2008 at 8:02 pm

    BJ reporting:

    I vacationed in southern Utah last summer (which was FABULOUS, by the way). Many places I went, I was pretty much the only native English speaker there. Restaurants in tiny towns in the middle of nowhere had signs in front in German. Hotels in Moab advertised that their counter staff spoke French. It was amusing watching the Euros navigating our breakfasts. One Danish woman had never seen a microwave oven before, and then she pointed to a danish and asked me what it was.

    At the time, I took it as an indication of Americans’ boredom with their own country (‘cept Disneyworld, of course). But I was also glad to see Europeans getting past New York, Las Vegas, and Disneyworld to see the rest of our spectacular continent. And, uh, Canada’s nice, too.

    So yeah, lots of Euros coming to the states. But after my last vacation in Italy, I can easily understand why.

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  16. brooklynjon
    February 8, 2008 at 8:05 pm

    Adam,

    The Danish Krone is strong because of the “Buy Danish” rampage my friends, family and I went on after the cartoon escapade. We’ll stop now. Expect the Krone to fall a little.

    Reply
  17. Mark
    February 9, 2008 at 4:31 am

    Yeah I wouldn’t worry about the dollar too much, so long as the US does not engage in Seigniorage, or appear to be going to engage in Seigniorage, it should be ok. Even with this proposed economic stimulus package of about 150 billion dollars, that still only amounts to about 1 percent of the GDP, so inflation worries shouldn’t be that prevalent. Especially if the patterns from the last stimulus package hold and lots of the money is saved rather than spent.

    Although the US government should form death squads to eliminate people and groups world wide that counterfeit the dollar. No trials, no appeals, just death. This wouldn’t affect the strength of the dollar much but it would provide an enormous cathartic benefit.

    Reply
  18. Tantor
    February 10, 2008 at 6:27 am

    I’d say that the proper analysis of Manhattan’s new acceptance of Euros is that Americans found a new way to make a profit off foreign tourists. Hooray! Maybe now that most of Europe has one currency it’s finally become worth it to take it as payment, rather than the old days of a dozen different currencies. There’s no sense to letting the Europeans take those Euros back to Europe with them when they can spend it here.

    And, yeah, there’s foreign tourists all over America. You see plenty of them roaming around New York. Lots of South American tourists and some French come to Miami. Lots of them walking around the Galleria in Houston, too. And Washington is chock full of foreign tourists. However, all those tourists are outnumbered by the immigrants who come to stay.

    As for the countries who seek to profit by counterfeiting our money, and by that I mean Iran and North Korea making $100 supernotes, they hurt themselves far more by alienating themselves from the world economy. Think how much more wealth they would create for themselves by abandoning their belligerent approach to the world, joining in the world market, and traded their goods and services legitimately. They hurt themselves far more than they hurt us.

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  19. joop
    March 6, 2008 at 6:37 pm

    Goedendag, Guten tag and of course bon jour (have a good day)
    There is Europe: 30 countries. 30 ways of talking. One EURO. More people than the USA.
    We share also the EURO. You don.t know the problems we had to be in 4 hours travelling in 5 royal countries with each his own money. We have work. Everybody has a secured health plan.(even those without work). Living in Europe is good and going abroad Europewith the strong EURO is fantastic. In China, Russia, India and etc. the currencie is verry welcome.

    Reply

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