tool prices going up?

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  • LCHIEN
    Super Moderator
    • Dec 2002
    • 22056
    • Katy, TX, USA.
    • BT3000 vintage 1999
    #1

    tool prices going up?

    the chinese gov't has indicated it would allow their currency to float against the dollar and Euro instead of being pegged to the dollar as it has been for several years.

    So this is something the US wanted for a while, it will raise the price of chinese exports and make US exports more attractive in china.

    OTOH, the reverse could happen, if the Euro continues to sink against the dollar they may revalue the Chinese currency to keep Chinese exports competitive in Europe and they may even be cheaper here.
    Loring in Katy, TX USA
    If your only tool is a hammer, you tend to treat all problems as if they were nails.
    BT3 FAQ - https://www.sawdustzone.org/forum/di...sked-questions
    Tags: None
    • LinuxRandal
      Veteran Member
      • Feb 2005
      • 4890
      • Independence, MO, USA.
      • bt3100
      #2
      It more likely means going up, at least in certain categories. There are fewer and fewer USA made tools now.
      She couldn't tell the difference between the escape pod, and the bathroom. We had to go back for her.........................Twice.

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