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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (45149)1/23/2004 9:35:14 PM
From: elmatador  Read Replies (1) of 74559
 
Jay, thanks to keep up with BBR while on holidays. Money is a good like any other. The more its available, the less it's worth, because people wil pay less for a good that is plenty.

I have decades of knowledge about 'financial carrousel' (making money out of inflation) in Brazil and know damn well when the govern resort to the 'guitar' (not the musical instrument but the printing press of the mint), it will love it and use it con gusto.

I can tell once government gets used to use the 'guitar' it takes ages to get rid of the habit. All those people making a bundle in the 'financial carrousel' don't want it to stop.

The company I work for just hired its CFO from Brazil. He says it's because he will handle the French easier than the Americans. I think he has a great future in the US. Knowledge of fiancial carrousel will be very much valued in the US.
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