Tuesday, April 17, 2007

Lower U.S. dollar and the tourism economy

Let's hear it for a weaker dollar! Barring a total collapse of all fiat currencies, (eventually, but hopefully not soon!), this means more foreign tourists visiting Hawai'i under the conducive exchange rate. And more specifically this means more paragliding (tandem/solo) instruction and a summer of gangbusters kiteboarding instruction!

The only downside to a weaker dollar for fellow low income earners like myself is higher cost of oil and soon-to-be not-so-cheap crap from Sprawlmart. Good thing I don't buy too much of it. Would rather take my measly savings and store it in something solid.

Yes, Hawai'i could escape a U.S. housing depression if the Dollar exchange rate remains this conducive or gets even weaker.

...

I met an older paragliding pilot doing the long term camping thing at The Point. Duke. He's living in a trailer and has a minivan to tow it. Sez he can live on $300/month, what with the monthly Social Security checks. Sweet!

Wonder if that government welfare is gonna come my way in another 30 years and whether it'll account for all the crazy inflation! I'm not counting on it.

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