How Much Is The Loonie Worth, Again?
November 12, 2007 OpinionStuff 2 CommentsMom and Melissa went to Michael’s (the craft store) yesterday to spend money on Christmas stuff (while I was at Jubilate choir practice, so I wouldn’t complain about her spending money). What they saw there bugs me… Apparently, store employees have ripped off the price in American dollars from every item in the store! This is frustrating, confusing, and misleading all at the same time.
Money is a weird thing. It’s just a bunch of pieces of paper/metal to which some people have given a seemingly arbitrary value. But now that our pieces of paper and metal appear to be worth more than the American pieces of paper and metal, we feel that we should be paying “what something is worth” for stuff that we usually buy. Stores, on the other hand, will vehemently disagree with you, so it is in our best interests to respond with our spending money in kind.
What can we do? Easy. If you want to get more for your money, go where they’re saying that they’re using the “American prices”. Some people boycott Walmart for various reasons, but this might be a good time to step foot in there again. Go to the States on a shopping trip, if you need to. Best of all, buy stuff from American retailers online (if you can afford to wait). You’ll probably get better prices, and the dollar/price difference will hopefully cover any additional shipping fees that you get. And you have to do this fast, because American companies are on the verge of jacking up their prices to compensate for the devaluation of their dollar. Gas prices in the US are nearing $5 in some states, which is actually more than here for once.
So, wait, what about the small Canadian retailers? What about the guys who need our dollars to survive, who can’t compete if we insist on spending less for the same stuff? Well, that’s capitalism for you. I’m going to look out for me and mine, and if that involves spending my money at Walmart or Costco or at some American online retailer, so be it. If you can’t compete, I don’t want to hear about it. Yes, many people may argue that big corporations may ultimately hurt an economy (if they’re bigger than the whole town), but unfortunately, that’s where the economy is headed, if it isn’t already there.
Ultimately, I don’t know how much of an effect that Joe Consumer is going to have on the ebb and flow of the North American economy. There are factors at play that are completely beyond our control, that the best we can do is to take care of “micro”, and hope that “macro” doesn’t get too messed up too soon.
Either that, or we’re going to have to move to Europe.

