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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (24654)10/4/2000 8:41:20 PM
From: BigBull  Read Replies (1) of 436258
 
heinz blasnik, I see from your profile you are an Austrian. So what's the view from Europe these days on European currency declines? I expect some politicians will like it as it will support export volumes, but aren't the currencies now reaching levels where inflation becomes a very serious threat? Outside of the obvious hike in oil prices are you seeing any dangerous signs of inflation picking up? Don't the CB's have to start acting with sharp rate increases to defend currencies?

TIA
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