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Politics : American Presidential Politics and foreign affairs
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To: Peter Dierks who wrote (16195)1/8/2007 2:58:51 PM
From: DuckTapeSunroof  Read Replies (1) of 71588
 
"Regardless, if they are spendable and the most stable currency with enough liquidity to absorb the investment, there is no hurry in converting them into a vehicle likely to be devalued."

Exactly correct!

Except when 'they' ARE ALREADY DEVALUING --- then one is most in a hurry to staunch the losses! :-)
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