Originally Posted by cdzang
When interest rates are low (dollar) relative to another country the only thing that it means is that the money supply in that country is not tight and buying that currency (through a loan) to do what you want with it (buying a home, a new bike, or going to college, etc) cost less. This is a very good thing. Money is cheap to borrow currently. People borrow it as they wish and make it grow. International investing (through directly buying currency) doesn't influence interest rates greatly over the short/medium term, if it did US federal and many other countries policies would be dictated by meetings in Beijing and not the federal reserve of those countries. We're not there yet.
not trying to pick a pickel...
up north here, the bank of canada set's interest rates (both for borrowing and for returns on investment) it does so to control the value of the canadian dollar. Think about it, if they jacked up the return to 20% tomorow, everybody and you're dog would be on the phone buying mutual funds, bonds, etc from canada, demand goes up, supply stays the same, so the value of the canadian dollar would shoot up, of course this would never happen to such a large scale cause it would jack up the price on our agricultural exports to the US, which is 40% of our GNP or whatever abbreviation includes export income.
back on subject, i think i need that adjustable stem PBK sells so maybe i'll order it and see how things go, i can't imagine a drastic difference here. If it helps i think one lady answers all the emails, not bad for a fairly popular online shop.