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Strategies & Market Trends : Asia Forum

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To: Jack Clarke who wrote (4692)6/20/1998 3:11:00 PM
From: Frodo Baxter  Read Replies (1) of 9980
 
>My real question is what will constitute "money" as gold used to do and no longer can for the reasons you state?

The greenback.

>How can we trust the politicians in each of the major countries to print just the right amount, avoiding inflation and currency flight?

We don't trust them, that's why we have independent central banks.

>When the chips are down, will they not behave in a selfish manner?

This is why the euro will fail.
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