Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (5669)	7/6/2001 8:38:55 PM
From: Box-By-The-Riviera™	Read Replies (1) of 74559

now that is a thought worthy of prayer! and right in line with the "what are they up to" question. i really need to think about that.... first thought... if they did, is that not anti the thesis of maintaining purchasing power for an ever more bewildered consumer to drive the world machine? Seems that might be the first hurdle when asking what hoop they have to jump in such an interesting policy change.... I don't have the history,,,,,,but I remember the devaluation of the DM... perhaps in the 70's... and later when the dollar was at 3.50 dm... 30% higher from here btw.... but in a far different interest rate climate in the USA....(thought not devalued) but if you do a world devaluation... getting back to the first part..... do you get more of the same minus one or two zero's... or do you get a devaluation war.... i.e. real trouble. or what if they all try to agree at this months meeting... i will guess... that because something is up.... you got the thought in the first place via your uncanny sixth sense..... J

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