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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Alan Whirlwind who wrote (7755)	9/11/1999 9:56:00 PM
From: m.philli	Respond to of 81280

Thanks, I know everyone would likely say,"why do that, their currency would be too strong and exports wouldn't be possible". But from what I see, Singapore has a very strong government. The residents are acceptable to that type of government. Everyone has a policy of beggaring their currency in exchange for export growth, which seems to be nothing more than a large scale "town gas pump war",where they all lose until the strongest ends up taking over the weakest. In Singapore's case, why couldn't they institute a form of wage, price controls geared to any increase in currency strength. Keep their money in their hemisphere, Where the money lies, so goes growth.-MIKE