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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: yard_man who wrote (5276)1/16/2004 4:08:35 PM
From: Real Man  Read Replies (1) of 110194
 
Yep. I agree that Asian CBs can't. But foreign folks holding the buck
(perhaps, numbering billions - it's the World reserve currency) can, and
will sell it. CB holdings are roughly 25% of foreign dollar holdings, I
believe.

On the other hand, China is overheating, and their CB may sell some $,
since their manipulation market of choice is forex.

Greenspan has said it many times - he can, and will print to make reflation
success. If it isn't, he will print more.
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