Dell Technologies Inc. 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.

Technology Stocks : Dell Technologies Inc.

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: BGR who wrote (81803)	11/22/1998 8:31:00 PM
From: Chuzzlewit	Read Replies (1) of 176387

what do you say about the US Treasury getting involved in dollar-yen exchange rate stabilization? The purpose of US intervention has been to try to stimulate the Japanese economy and try to prod the Japanese to take what Washington considered to be appropriate steps. Whether this policy is correct or incorrect, it is a far cry from what the central bankers in some Asian economies were doing. And the businesses went far beyond dumping, which is generally viewed as a questionable tactic for gaining market share and eventual monopolistic or oligopolistic control of an industry. These companies were acting like hedge funds with government backing. In effect, the government subsidized the business (through pegging the currency to the US dollar), and in the process the businesses destroy foreign competition which enjoyed no such subsidy. TTFN, CTC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next