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Non-Tech : Invest / LTD
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To: drsvelte who wrote (2343)8/31/1998 8:47:00 PM
From: Broken_Clock  Read Replies (1) of 14427
 
Interesting...."cash will be accumulating and, sooner or later, it will go somewhere"

When asked about this very question on NBR the other night, an "astute" market maven replied..."The cash just vanishes."

The question was more specifically, "What happens to the money when it is lost like with the Russian devaluation?"

doc...it's a balloon...it's just air. You see, the US$ is just a facade. At one point the German mark was better for starting fires than buying anything. It's only paper. Just ask any Russian, Indonesian, Thai, etc. how "good" their paper is.

Here's the "secret" IMO
Message 5637185
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