Why does the Canadian dollar keep getting higher than the American dollar?
by 
mizuiislife
ANSWERS: 2
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Apparently the yanks have been printing too much money. The extra money first manifested itself as a stock market bubble and then a real estate bubble, as the holders of the money lent it out to anyone silly enough or desperate enough to borrow it. Since American wages haven't gone up and production hasn't increased by much either, the yanks have run out of people to bid up prices. Because prices aren't going up, no one wants to invest in America so the value of the American dollar is going down. Buy lots of gold because gold will hold its value while the American dollar goes down. Well, that's a rough summation of what I've learnt, anyway. Hopefully someone else will give you a better answer. I'd like to hear from them too.
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The Canadian economy is doing great, ... we have a huge surplus, while the U.S.A. is having a huge deficit and their economy is doing poorly.
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