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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Win-Lose-Draw who wrote (97906)7/25/2002 10:38:25 AM
From: Archie Meeties  Read Replies (1) of 99280
 
Your parralel to SA needs some reference to data. Developing/commodity driven suffer the most with inflating prices of goods. So devaluation is accompanied by inflation, whereas the inflation you'll see from a 20% lower USD is modest because our economy is not as affected by esclating raw materials, energy, food prices these being a small % of GDP.

As for Japan, they've already tried to reverse the dollar slide - unsuccessfuly. No doubt they'll try again, but as long as the US pursues a weak dollar policy, they will not be successful.
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