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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: IngotWeTrust who wrote (3513)2/18/1999 3:13:00 AM
From: ForYourEyesOnly  Read Replies (1) of 81205
 
This is an interesting topic.....

How can the G7 save Japan from printing money?

"What is different today than yesterday?"

Well, they had a huge bubble, and when it popped if Mr. Market had been allowed to work his/her magic, it should have caused a lot of pain.....but they decided to take pain killers instead to avoid the pain of Mr. Market.

Real Estate:

The banks had huge loans based on outrageous property prices (with property as collateral).....when the debtors stopped paying interest, in a market economy they would foreclose and sell the property. This would cause pain and even lower prices. They decided just to let the bad loans sit on their books....and snowball....

Stock Market:

The stock market has also been supported officially....I have a lot of money in the Postal Savings program....I deposited it, and the gov't used it to buy stocks and to loan money to all kinds of semi-bankrupt organizations...my money is gone.....but it is guaranteed.....so when I go to take it back, the gov't will have to print more money.....

I see inflation ahead...please tell me how the G7 can prevent it.

Thanks!

THC
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