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Strategies & Market Trends : Currencies and the Global Capital Markets -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (2426)	2/3/2000 3:45:00 PM
From: Ahda	Read Replies (1) \| Respond to of 3536

So, IMO, the Fed wants to slow US growth until other economies are able to catch their breaths and properly restructure in order to become more productive. I don't agree When these other economies start to become more productive, the shift to cheaper labor elsewhere policies we have will turn to increased costs here and add to inflation. At the same time due to the US dollar being so widely held universally the value of the dollar will decrease on the world market. The import export figures clearly back this up. This takes us back to where the Fed should be targeting the dollar versus interest rates. IMHO Glad to see you Ron hope all all is well with you and yours.