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by neilwilson
431 days ago
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But that’s because you decided to take on currency risk without hedging or having a matched foreign income stream. That’s not what anybody with scale will have done. And now you have to reevaluate the cost of that service relative to the alternatives - including letting them know they need to take fewer Euros to retain your custom vs the competitive alternatives. Customers are hard to come by. Are they prepared to let you go? |
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I will still stick with them because they're better value than the American alternatives, but that's beside the point.
You were arguing that the same number of dollars will get me the same number of goods and services, which is not true.