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To: Ron Everest who wrote (36195)	6/30/1999 10:43:00 PM
From: d:oug	Read Replies (1) \| Respond to of 116753

Ron, a question about the article in your post. <<Everington traces the inflation in U.S. shares to the decision by the Japanese in 1995 to begin printing money as a means of bailing out their ailing banking system. "This money found its way into the U.S. dollar system via the purchase of $400 billion of Treasury bonds by Japanese institutions. ''This created a bubble in the entire U.S. dollar system, including emerging markets.''>> If Japan simply put into its printing presses plain white paper, and extracted from it crisp new paper money without any gold backing, then its like they purchased each box of white paper for one hundred dollars and transformed it into a million dollars. How many boxes ? And did the usa REALLY accept this white paper coated with ink as real money ? I thought it was a crime to counterfeit money. white paper to money if accepted as real money then why try to change lead into gold doug