Flashes of Panic

I took a look at the exchange rate for dollars and euros this afternoon, which is a win-lose situation for me at the moment. My expenses will be higher in Valencia, on the losing side; on the winning side, the IAAF started pricing my time in euros this year, so the dollar’s slide means more dollars for each job. (I’m delaying invoicing for a lot of this spring’s work for just this reason.)

What puzzles me is that the announced prize money for the World Indoor Championships is still in dollars. There may be systemic reasons for this, but it seems like an increasingly bad bet for the athletes. I wonder what the political ramifications of the IAAF switching to euros as the currency for its prize-money events would be? One more blow to consumer confidence in the US? Would anyone notice?

Now Playing: Blackbirds from Distillation by Erin McKeown

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