At 02:59 PM 12/23/01 -0800, Patrick Wilken wrote:
On Sun Dec 23 2001 - 18:38:00 MST, Damien Broderick wrote:
>>The strong US dollar has certainly benefited the local film
>>industries in Australia and New Zealand (and Canada). The fact that
>>the Aussie dollar is worth about .50c to the US dollar makes us very
>>cost competitive for film production (e.g., The Matrix).
>
>Indeed. As a writer who sells more in the USA than at home, I gain this
>terrific, and unfair, advantage myself. In effect, I make twice as much for
>a given novel as an American would, and live better anyway. Yum.
This seems like an odd way to view things. If you get twice as many
Australian dollars, but the Australian dollars are only worth half as
much as US Dollars (which must mean that you can only buy half
as much with an Australian dollar as with a US Dollar, all else being
equal), then you're making the same as you would in the US, right?
If people in general are poorer there, then you might be able to live
better than you would in the US, but otherwise, it would seem to be
exactly the same. What am I missing?
-- Randall Randall <wolfkin@freedomspace.net> Crypto key: www.freedomspace.net/~wolfkin/crypto.text On a visible but distant shore, a new image of man; The shape of his own future, now in his own hands.-- Johnny Clegg.
This archive was generated by hypermail 2b30 : Sat May 11 2002 - 17:44:31 MDT