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GLD 366.51+1.2%Nov 5 4:00 PM EST

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To: elmatador who wrote (28771)1/29/2008 10:33:43 PM
From: Dr. Voodoo  Read Replies (1) of 217549
 
Message 24047117

Was having this discussion with a friend the other day, and he suggests that revaluing currency is not an attractive way to fight inflation.

Aside from killing exports, what's wrong with using currency valuation as a method of controlling economic growth?

Is it just too difficult to keep a lid on credit and money supply?

Any thoughts on this would be welcomed!

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