Is it time to abandon the U.S. Dollar?
by
on 05-28-2009 at 12:35 AM (4898 Views)
So tonight I was reading over some financial sites, and of course being a U.S. citizen it just makes you shake your head when you realize what has, and is happening to the U.S. dollar.
I know many people hate getting into politics, so I'll hold off on any rants. But in all seriousness I am wondering if I should start doing more business in Euro's or GBP's?
Obviously with any affiliate pay, we are all at the liberty of the programs who all (based outside the U.S.) love paying affiliates in USD. But for my other business deals or paid advertising, why not start working in a stronger currency?
Take PAL or consulting for example, the business model and monetization is simply a monthly flat fee. So regardless when one of you ballers sign up at a PAL partner, I just get a flat rate. Boooooo!
But my question is, since 100% of my business in this market is with non U.S. companies, why the hell am I working in USD? I mean hell, if I moved to London, would I really be charging USD for consulting or advertising? My companies business account can handle wires from any currency and I just have to pay a conversion.
Just curious to hear some of your thoughts on USD vs. Euro if you are running a business in the U.S. but doing 100% of your (non affiliate) business with non U.S. companies. Should be interesting, please share your thoughts...........























