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Strategies & Market Trends : Asia Forum

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To: Bosco who wrote (8823)7/13/1999 4:03:00 PM
From: nihil  Read Replies (1) of 9980
 
There is a huge literature showing how to get rich speculating against a fixed or pegged currency when the currency is overpriced. Since the only questions are "when" and "how much" rather than which direction the speculators can hardly lose (very much). Now who is at fault? The speculators? Or the monetary authorities?
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