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Falling value of the dollar

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  • Member since
    September 2005
  • From: Illinois: Hive of Scum and Villany
Posted by Sprue-ce Goose on Tuesday, August 9, 2011 10:50 AM

Reasoned

Given the pervasive systemic inadequacies of our current domestic economic policies, the cost of model kits will end up being the least of our concerns.

 

YesCrying

  • Member since
    February 2011
  • From: Bent River, IA
Posted by Reasoned on Tuesday, August 9, 2011 10:25 AM

Given the pervasive systemic inadequacies of our current domestic economic policies, the cost of model kits will end up being the least of our concerns.

Science is the pursiut of knowledge, faith is the pursuit of wisdom.  Peace be with you.

On the Tarmac: 1/48 Revell P-38

In the Hanger: A bunch of kits

  • Member since
    August 2006
  • From: Neenah, WI
Posted by HawkeyeHobbies on Tuesday, August 9, 2011 10:13 AM

With the dollar falling it doesn't make sense for us here in the US to purchase. But it does for those who are seeing better exchange rates abroad when purchasing from the US. I have seen just such a trend in sales.

Gerald "Hawkeye" Voigt

http://hawkeyes-squawkbox.com/

 

 

"Its not the workbench that makes the model, it is the modeler at the workbench."

  • Member since
    September 2005
  • From: Illinois: Hive of Scum and Villany
Posted by Sprue-ce Goose on Tuesday, August 9, 2011 10:00 AM

Food and fuel prices are rising, though the Feds don't include them in inflation calculations.....for some reason....Whistling

Metalworking consumables and some metalworking machines have increased in price even before the latest stock market crash.

The Chinese appear to have been holding export prices lower than they should considering the inflation they are encountering due to their economic growth.

As plastic kits are made from petroleum, and most kits are made overseas, I would presume prices would eventually rise.

  • Member since
    February 2003
  • From: Allentown, PA
Posted by BaBill212 on Tuesday, August 9, 2011 9:52 AM

I have not considered that (yet) Eric......    let's hope things stabalize soon

Enjoy the ride!

 

  • Member since
    February 2003
  • From: Green Bay, WI USA
Falling value of the dollar
Posted by echolmberg on Tuesday, August 9, 2011 9:48 AM

Hi guys,

Just a thought that's been rattling around in my head....Has anyone been buying up kits and supplies in anticipation of the falling value of the U.S. dollar?  With the way things have been going in the stock market, I was just wondering if it has influence anyone's purchasing habits.  Yes, I know that the $18 Monogram kit won't suddenly become a $48 kit overnight.  But still, all this turmoil has got me to wondering.

Eric

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