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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (7200)	7/26/1999 8:11:00 AM
From: John Hunt	Read Replies (2) \| Respond to of 9818

World's banks prepare for millennium money madness << London: Central banks from the world's most advanced countries are preparing to print billions of bank notes to cover heavy demand during the start of the millennium. According to a report on Year 2000 preparations from the Bank of England, the US Federal Reserve is printing an extra $US50 billion ($75.7 billion), the Bank of Japan 1 trillion yen ($1.2 trillion), the Hong Kong Monetary Authority $HK60 billion ($12 billion) and the Swedish Riksbank SEK10 billion ($1.85 billion). The Bank of England has said it will be printing 3 billion pounds ($7.3 billion) in extra money and it has not destroyed any 20 pound notes since January. It has also said it plans to pump 30 billion pounds in extra liquidity into the system. ... more ... >> smh.com.au