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submitted 13 hours ago* (last edited 13 hours ago) by LemmyShemmy@aussie.zone to c/asklemmy@lemmy.ml

I am sure if it was some 9-5s name in that file they would have been executed by now .

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[-] mp3@lemmy.ca 7 points 13 hours ago

Pesophilia

Appreciating a currency isn't a crime 🤣

[-] mycodesucks@lemmy.world 1 points 9 hours ago

It should be when you decide to abbreviate your currency "PHP".

[-] LemmyShemmy@aussie.zone 3 points 13 hours ago
[-] CombatWombatEsq@lemmy.world 0 points 13 hours ago

I may be something of a pesophile myself after looking at the value of the dollar against the peso over the past year:

a graph from the Wall Street Journal showing the dollar losing about 17% of its value over the past one year

Source: https://www.wsj.com/market-data/quotes/fx/USDMXN/

[-] eldavi@lemmy.ml 2 points 13 hours ago

i'm financially illiterate; does this mean that the dollar is losing strength against the peso?

[-] CombatWombatEsq@lemmy.world 4 points 13 hours ago

Yeah. If you want to go visit Mexico as an American, or to buy goods from Mexico, it now takes ~20% more dollars to get the same amount of stuff. Most Americans haven’t noticed because the numbers on their investment accounts keep going up (or they don’t have investment accounts), but we are significantly poorer now than we were a year ago because even if you have more dollars (and many people do not), the interest you’ve gotten on your portfolio is less than the larger amount of dollars required to obtain goods and services from abroad.

[-] eldavi@lemmy.ml 2 points 12 hours ago

i plan on retiring there.

i guess this means that i have to make alternate plans. lol

this post was submitted on 07 Feb 2026
140 points (98.6% liked)

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