Monday, 12 September 2011

Decreasing Dollar


Unless you've been living under a rock, you know that the dollar's buying power is slipping away while the sol is getting strong. I hear peopl be moaning and groaning about this a lot. And while I understand that the dropping dollar is problematic, I think that people in Peru need to move away from the dollar and have more faith in their own currency.

Historically, the sol has had lots of issues. Afterall, this is the nuevo sol, the old sol is worthless. You had to bring bucketfuls of sols just to buy milk in the 90s. However, times have changed. If people in Peru want the sol to remain strong, they need to start saving in their own currency. The dollar may be the official currency of Ecuador, but it's not in Peru.

Resources: Check out the Ultimate Peru List's recommended ebooks and The LA Jobs List's free list of schools in Peru.

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