The last time I contracted to Europe was about 4 years ago. I forget the exact figure, but the pay was quite poor, partly because at the time the dollar was worth more than the Euro. I think it was .7 to 1 or something (easy to look up if anyone cares to).
With the dollar now so devalued that a penny is worth less than the copper used to make it, the opposite is true. I can make more contracting to overseas companies. The current exchange rate is 1 euro to 1.37 dollars.
This is good timing because I’ve had several contracting offers the last week. Compared to four years ago, I can ask for twice as much money and it’s considered the same thing. Since inflation hasn’t risen correspondingly (yet) I benefit from the lag. It also keeps me busy as I get contracts now where I wouldn’t have before. Maybe I should buy a bunch of gold.
It helps RakNet too since it means RakNet is cheaper.
I see now why China likes to peg its currency lower than its actual value.