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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (18563)4/30/2002 4:16:04 AM
From: smolejv@gmx.net  Read Replies (2) of 74559
 
Thanks Jay - thinking aloud ... "a dropping dollar is good for the USA" ...

a) stimulates exports ... so
b) depresses consumption aka GDP
c) makes the current account balance (through retreating waters) smaller...but
d) makes current account balance outstanding not exactly cheaper to serve

...so...what will Uncle AG do...what can he do?... Talk about thinking (in good time) of what to do with interest rates? ... Have a hit team take care of O'Neill... Change his name, move into Au and to Jackson Hole,WY and let Pezz teach him the secrets of fly-fishing...
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