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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: The Wharf who wrote (22980)4/17/2005 5:00:56 PM
From: sea_urchin  Read Replies (1) of 81402
 
Darleen > If China does unpeg that .... will have a negative affect on the US stock market.

It will certainly be inflationary for the US and we know the market doesn't like inflation.

> Snow hopes that will have a positive affect on manufacturing here.

By "unleashing" the proper effect of the USD devaluation which is what one would normally expect.

> I tend to think growth stimulation would be minimal and product price inflation could be the major result for the US.

Could be?

> That could cause another increase in rates.

Yes

> The cost of MacDonald's coke and hamburger in China is about half of what it is in US

In SA, an McDonald's burger costs $1 and 2-litre Coke at the supermarket is $1-25.
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