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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (38663)	6/8/2000 10:20:00 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

David, what people generally don't consider (at least not yet) is that a falling dollar at first drives the value of the growing trade imbalance higher, as well as giving a boost to incipient inflationary pressures, as the rise in import prices gives companies an opportunity to begin passing their rising input costs on to consumers. i have just read an article in an Austrian newspaper that follows the cumulative effect of rising gasoline prices and the weak Euro throughout the economy. quite illuminating as it were...