Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: John McCarthy who wrote (129351)	2/9/2006 10:51:49 PM
From: Win-Lose-Draw	Read Replies (1) of 209892

Is the inference that the YEN becomes the NEW world currency... It is not possible for the Yen to become "the" world currency. Japan has a large trade surplus - especially against other major currencies - and "the" world currency has to belong to an economy that runs a strong trade deficit. IMO people tend to put this backwards: it's not the case that the US dollar will lose Reserve status because of balance of payments deficits, rather, the US dollar is the Reserve currency of choice precisly because the US runs such powerful balance of payments deficit. How can it be otherwise?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next