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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Tommaso who wrote (13500)10/15/2004 9:14:40 AM
From: zonder  Read Replies (2) of 116555
 
I doubt if Asian central banks are buying USD debt because they sleep soundly when their money is in USD rather than in local currency.

More likely, they are doing it to push their own currency down relative to USD.
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