Currencies and the Global Capital Markets Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Currencies and the Global Capital Markets

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Step1 who wrote (445)	8/21/1998 10:16:00 AM
From: Mike McFarland	Read Replies (1) of 3536

re "anchoring" a currency to make it more stable... What kind of commodities are people talking about here? Maybe the ones that tend not to deflate, so I guess gold, oil, grains and computer chips are out. How about value added manufactured goods--autos and aircraft? Nah, that leaves some countries priced out. Real estate--what does an acre of cotton go for in Pakistan...in Texas, bet that doesn't work. Well how about something that most countries have quite a lot of, debt, tie the currencies to the ability to service that debt? Or is that the problem? It is interesting that this topic is so bewildering to the average spectator like myself. But it is not surprising: A person can go through school without ever having taken an economics course. Why, to me, good economics means spending no more than you take in. Sigh, hope this post wasn't completely insipid. It is certainly entertaining to watch these threads lately tho. eom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next