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Reply to: Do you want me in your team?
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Previously on "Do you want me in your team?"
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Originally posted by Old Hack View PostSo, if I have this right, you believe a contract negotiated in pounds 10 years ago would be worth more today. For as I see it, 10 years ago, living in Australia, he would have A$1200 a day in his pocket, and today A$700 in his pocket had he negotiated in sterling, as he suggested.
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Originally posted by Old Hack View PostSo, if I have this right, you believe a contract negotiated in pounds 10 years ago would be worth more today. For as I see it, 10 years ago, living in Australia, he would have A$1200 a day in his pocket, and today A$700 in his pocket had he negotiated in sterling, as he suggested.
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Originally posted by Old Hack View PostAll ears.
Please explain what is wrong in saying if you were paid in aussie dollars 10 years ago, that this amount is worth more in pounds today, than then.
2002 A$3:1 - $1200 worth £400
2012 A$1.7:1 A$1200 worth £700
or
2002 A$3:1 - £400 worth A$1200
2012 A$1.7:1 £400 worth A$700
All ears
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All ears.
Please explain what is wrong in saying if you were paid in aussie dollars 10 years ago, that this amount is worth more in pounds today, than then.
2002 A$3:1 - $1200 worth £400
2012 A$1.7:1 A$1200 worth £700
or
2002 A$3:1 - £400 worth A$1200
2012 A$1.7:1 £400 worth A$700
All ears
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Originally posted by Old Hack View PostOK, please, I am open to the house how that is wrong in any way greg. Go on. All ears
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Originally posted by MarillionFan View Post
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Originally posted by Old Hack View PostFTFY
He said, paraphrasing, I am smart, for my contract is in sterling, and I convert it to Aussie dollars. I pointed out that thats not clever, as a better one, would be to contract in aussie dollars and convert that to pounds, considering that the pound has been devaluing against the dollar. Thus, if you are paid in aussie dollar, your rate 10 years ago, would be worth more today, in pounds.
An example I used, was if you earned A$1200 a day 10 years ago, it would be worth £400 a day. However, if you earned A$1200 a day today, it would be worth £700 a day.
However, if you earned £400 a day, it would be worth A$1200 a day 10 years ago, but only A$700 today.
Thus, the best contract to negotiate 10 years ago would be in Aussie dollars, not in pounds.
But again, you are too dumb to realise it.
He even admitted he fooked up.
But carry on Greg, I kind of like the way you light up the stupidity ranks.
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Originally posted by speling bee View PostI don't think I could have imagined the level of idiocy combined with lack of self-awareness I showed.
He said, paraphrasing, I am smart, for my contract is in sterling, and I convert it to Aussie dollars. I pointed out that thats not clever, as a better one, would be to contract in aussie dollars and convert that to pounds, considering that the pound has been devaluing against the dollar. Thus, if you are paid in aussie dollar, your rate 10 years ago, would be worth more today, in pounds.
An example I used, was if you earned A$1200 a day 10 years ago, it would be worth £400 a day. However, if you earned A$1200 a day today, it would be worth £700 a day.
However, if you earned £400 a day, it would be worth A$1200 a day 10 years ago, but only A$700 today.
Thus, the best contract to negotiate 10 years ago would be in Aussie dollars, not in pounds.
But again, you are too dumb to realise it.
He even admitted he fooked up.
But carry on Greg, I kind of like the way you light up the stupidity ranks.
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Originally posted by Old Hack View PostFTFY
Just for the audience, explain fully how you were correct about the currencies.
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