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Non-Tech : GM - General Motors
GM 66.88-2.0%Nov 4 3:59 PM EST
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To: Don Green who wrote (401)11/9/2007 5:11:22 AM
From: Arthur Tang  Read Replies (1) of 543
 
Thanks for your input.

Japanese cars had a quota of 2.5 million cars exported to EU. Japanese cars imported to America is about 2.5 million cars per year, in addition to their production output here. They make 9 million cars in Japan. and sold to locals upto 2 million cars per year. so, that accounts for 2 million cars exported to other continents.

Dollar devaluation is now against gold, silver, and oil on all commodities. Not against other currencies. Yen devaluation is against all other currencies.

Which means inflation that the Feds are discounting; any rules on commodity exchanges is not considered. A few pit traders can ruin America?

So, we will struggle against the commodity exchanges for some time to correct arbitrary inflation by calling the prices in a pit some where? Is it easier than market makers calling their prices by bid and ask?
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