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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (21776)10/28/2004 6:12:34 PM
From: The Wharf  Read Replies (2) of 81092
 
If you think of future consumers and the pledge in Asia to stop tariff amongst Asian nations the peg to the US is not advantageous. What I do not know is if the peg is dropped how will that affect the currency market? Does the solution lie in some attempt to create a Euro type currency in Asia. There is not enough unity in Asia to allow an exiting currency to be used as prime unit so the US$ has played that roll. I am sure there is allocation to the Euro when Asia herself is moving out of impoverished. This takes me back to the interior ability of currency to appreciate in value not increase numerically which makes one inflation prone. I am certain that China will end the peg she has too.

Highly imaginative over here can add to that as so much confusion that the result by fluke ends up to be a run for gold that makes the tech bubble look like a wee tiny pimple on the face of this earth. Made in China has become an universal label of the World.
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