Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (13934)	1/25/2002 3:39:04 PM
From: LLCF	Read Replies (1) of 74559

<The money-printing game is great for the USA and while everything ticks along nicely, it's fair reward for providing a robust financial system which the world can trade on. It's like the invention of CDMA which the world can communicate with provided a royalty is paid to QUALCOMM. > I find this a bit naive to be honest.... on the one hand you're saying "well, the foreign bagholders of dollars are a boon for us , and of course those same foreigners will honor QCOM's patents! LOL, believe me, if the global economy hit's the fan, China will be using all the CDMA they want.... free. At least with dollars they do hold SOMETHING that will be worth something as the US will honor them outside absolute collapse, QCOM could easily be stripped of Patents in China by simple decree if things look a bit dodgy there. DAK

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