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Strategies & Market Trends : Asia Forum
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To: Sam who wrote (5656)8/19/1998 2:03:00 PM
From: Zeev Hed   of 9980
 
Sam, there was a time that the Swiss frank had negative rates, but their currency was strong, the Japanese really want to get the Yen to 150 plus to the Dollar. It is disastrous and the wrong way to get out the deep hole they are in. What have they got there for economists? Don't they know that the monetary pump is broken, you cannot push on a rope. They got to stimulate demand and actually increase imports.

Zeev
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