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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: mishedlo who wrote (8571)2/24/2004 2:31:52 PM
From: Silver Super Bull  Read Replies (2) of 110194
 
Mish,

IMHO debasing the currency to gain competitive advantage is fatally flawed.

My other thought is that they will probably wind up spending all this money to support the USD, just to see the USD decline anyway.

They are not the only ones who may want to play the "competitive currency devaluation" game.

DB
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