At 9:13 PM -0500 5/14/04, Lars Michael wrote:
> My question is: what happened???? Did prices go up in the US or have they
come down in Europe (namely Germany)?

The US Dollar lost value against the Euro. Initially, 1 USD bought appros EUR 1.3, now the roles are nearly completely reversed.

Lars
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 .~.   Lars Michael
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^^ ^^

This explains nothing; in fact, it does the reverse. Applying this in a logical fashion, European prices should now be higher.


Also, I don't think the US$ ever was worth EUR 1.3.

As the world markets get more international, the prices have to equalize. Manufacturers and distributors realize this and act accordingly. 25 years ago some items were 1/3 the price in New York or Hong Kong that they were here in Canada; now the difference is usually less than 10%, and virtually never more than 20%.

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   *            Henning J. Wulff
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