oagaspar
| Joined: | Sun Sep 4th, 2005 |
| Location: | Akron, USA |
| Posts: | 28894 |
| Status: |
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I give up mate...here in the States what we see is your GBP will buy 65 cents more than my dollar.... if it were even as you say then you would have no problem buying that same watch if the exchange rates were switched....when you come to the States and go to a McDonalds and buy a $1.00 burger you are not seeing it as spending 1GBP but rather .45 GBP or 45 cents and not the 1GBP it costs you in the UK .... and when I go to London and buy a meal for 1GBP I look at it costing me $1.65 not 1GBP for the same burger I can buy in the U.S for $1.00 and therefore I am apt to spend less while overseas...it's a perception in the long run and it costs me more $ to buy something in the UK of equal value unless you tell me a McDonalds burger only costs .45GBP over there than I am wrong and apologize :D
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