Today in the economy

[CGM]

Exchange rates by default are compared to the American dollar though.
I seem to remember something about the 1972 value of the dollar being considered the true value of "one dollar" and may be what they are refering to here. Of course that may have been a drug induced conversation I had with lizard people as well.

The way you used the word "though" makes me think you are trying to make a point about what I said, but I'm not sure what it is.

Simply poor word choice on my part, my apologies for any confusion I have caused. As for the rest of that rambling I am hoping to verify if that is true or not and that relates to your original statement of "other things being equal scenario" and getting clarity on that. Because the logic of the meaning of this measurement differs greatly if compared to a previous US dollar OR compared to a specific foreign currency OR some other index.

OK, by the statement "other things being equal" I just meant if nothing else changed. An increase in employment in the USA might lead to an increase in the value of the US dollar, other things being equal. (if nothing else changed) But if Canada also experienced a corresponding improvement in the economy, then you would think that the exchange rate between the two countries would not change much as a result.