Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: sea_urchin who wrote (19062)	9/19/2003 8:11:33 PM
From: The Vet	Read Replies (1) of 81205

Sadly Searle, "Following an upgrading of its growth prospects by the fund, the US is expected to expand by 2.6% this year, the fastest of the big seven economies" doesn't make it so... I can "upgrade" my expectations and "expect" to make a billion dollars next year.... but it ain't going to happen! Of course the US economy (measured in US dollars) will expand, simply because the dollar will drop faster than the rate of expansion. The real economy can go backwards but while you measure everything in dollars it looks fine. If the units you are using to measure are not fixed then the numbers are meaningless. Just express the US GDP in ounces of gold and see what the results are!

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