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

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To: TobagoJack who wrote (10712)3/30/2004 12:15:07 PM
From: ild  Read Replies (3) of 110194
 
Date: Tue Mar 30 2004 10:13
trotsky (frustrated, 8:50) ID#377387:
Copyright © 2002 trotsky/Kitco Inc. All rights reserved
everybody's so dead sure the Yuan will rise if/when it's unpegged, so rise it must, right?
the only problem with this theory is that it flies into the face of logic. Chinese money supply growth is over 3 times as large as European, 4 times as large as US, and 10 times as large as Japanese money supply growth. in short, if the Yuan were made convertible, it would probably fall dramatically ( perhaps after an initial rally based on , well, the current confusion of a consensus ) .
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