Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: sea_biscuit who wrote (69884)	10/3/2007 1:52:21 AM
From: mishedlo	Read Replies (1) of 116555

what does the pricing unit have to do with it? The argument remains illogical. If India holds Euros and the dollar rises is it better off holding Euros or dollars? Holding dollars because of the pricing unit is out and out stupid. If oil was quoted in Australian dollar would they hold those? What about Icelandic Krona? Mish

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