Hello JW, Following on my earlier post Message 19608980
I see that at USD 200 million here Message 19615925 , and
USD 1.27 billion there Message 19611805 and
possibly again here Message 19613376 ...
will see China's USD reserve evaporate into thin air pretty fast, but I am guessing that they should not worry, because Maestro Greensputin will print up some more before 2004 is over, to sell to the Japanese, who will loan it back to J6P, who will charge up his Bank of America Home Equity Card, to buy stuff from China, so that China can buy more fields and
... rent more land Message 19612752
I am suggesting this as a script (which also is on topic with your yan for YEN :0) going forward Message 19587810
<<December 11th, 2003
Ramsey, <<How long can the BofJ keep this up? Do they have a never ending ability to buy dollars?>>
I think the answer is yes until it becomes no, as Japan runs down its pool of savings via monetary inflation, for the greater good of the world ex-Japan, give birth to a World Not As We Now Know It ("WoNawNoKi") and scream the cry of dying anguish.
I figure we should modulate our thinking by following the money, watch where it passes through, see what it does and doesn’t do, and where it eventually ends up.>>
I am guessing that we should get ahead of the line before other central banks and state-sponsored organizations get in on the grab for things, fields, bushels, and ingots.
Chugs, Jay |
