Introducing the $3 bill

A couple weeks ago, the Euro hit a new high against the dollar, surpassing $1.50. If you extrapolate this recent currency exchange graph, it looks like the Euro could be as expensive as the British pound in a little while. Of course, it doesn’t help that literally every day when I read the Wall Street Journal, the lede story in the Money section is about American’s economic recession (or soon to be, as job losses have been down for the second straight quarter, which has, since the 1970s, signaled a recession).