Sign of the times…
WASHINGTON — Once again, this is far from my expertise, but it’s very interesting to see a New York Times blog post about a few stores in New York City starting to accept the euro for purchases. It is certainly common throughout much of the world to see dollar-denominated prices and dollars accepted as readily as local currencies, but within the United States, one is hard-pressed to find anything other than dollars on price tags or in cash registers. With the euro now trading up near $1.50, and to a lesser extent perhaps the advent of people more comfortable with international travel and using foreign currencies — and even small-scale trading in them through online exchanges — it seems like times are changing.