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

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To: mishedlo who wrote (37232)7/29/2005 5:38:04 PM
From: Ramsey Su  Read Replies (1) of 110194
 
Mish,

I have never done it before but have you ever tried to convert a billion US$s? Do you go to one of those airport kiosk?

I suspect if China converts their US$ to anything, we will see the mother of all US$ deflation.

On the other hand, China can certainly use the US$ and buy US$ denominated stuff, such as oil.

Ramsey
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