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To: Jim Willie CB who wrote (37152)	7/25/1999 12:48:00 PM
From: gdichaz	Respond to of 152472

JimWillie: Touche re currency traders. Free market is the only way in currency, based on my experience in Asia and Latin America. The results may be tough on those caught in the crossfire, but any "solution" through attempts at control will make all that much worse and do more lasting harm IMO. My point was simply that AG shouldn't have launched the process or even contributed to it, since it was a result of his and the Fed's misreading inflation pressures in the US itself. But all that is long ago now. My interest is avoiding damaging Fed action now. Talk is fine as long as it remains just talk. Might even do some temporary good, I'm skeptical of that, but who knows. Again enough. This is stretching the limits of the weekend exception pretty far - but fun. Think I understand your y2k prediction and agree with the economics of it. But too stupid to understand what action you propose to take to profit from it. Could you humor me (and anyone else interested) with a little slow and easy rundown of what you plan to do - one, two, three? Of course, that is only if it doesn't limit your profit potential. :-) Chaz