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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Box-By-The-Riviera™ who wrote (4056)5/31/2001 2:36:53 PM
From: Ilaine  Read Replies (2) of 74559
 
"Print their fortune into oblivion"?

I don't know where you guys are coming from with this. I asked you last week whether there was any country in the world whose monetary system is based on gold, and apparently the answer is no. So we're all in this together.

If the yen/dollar were to drop from the present 120 to, say, 80, a Japanese car that costs $30K would cost $45K. Better for GM, worse for Honda.

Strong dollar helps them, hurts us.
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