Down and down…
February 10, 2008Last week I was stunned when I converted my dollar savings into Czech crowns. Exactly the same date last year, the conversion was still 21 crowns to a dollar, now its only 16.
No wonder the expats working here for international companies who are being paid in dollars are complaining of the lessening value of their money. The worse thing is, the prices of products and services have also gone up for the past months.
With this economic situation, they’re asking how they can protect their money from the inflation. Hmmm, how about investing in gold? It sounds like a good strategy and solution.
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Posted by abercrombie and fitch uk at June 3, 2011, 11:49 pmAll comments are moderated. Your comments will not appear here unless approved by the blog owner. Thank you.
good idea. don’t 4get ‘gold’ilocks also when you’re in Ph.
Posted by bytesofcookie at February 14, 2008, 12:49 pm