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To: pater tenebrarum who wrote (9686)8/9/2000 12:04:38 PM
From: advinfo  Read Replies (1) | Respond to of 436258
 
This little tech getting waxed over a warning...
dailynews.yahoo.com



To: pater tenebrarum who wrote (9686)8/9/2000 12:07:01 PM
From: SeaViewer  Read Replies (1) | Respond to of 436258
 
It seems ECB is totally controlled by Fed. They don't have guts to raise, even inflation is running higher than their target.

When dollar finally gets weak, foreigners will buy gold and silver. They won't hold all the worthless paper. Gold and silver are still internationally tradable.



To: pater tenebrarum who wrote (9686)8/9/2000 12:10:32 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
< initially it would actually lead to a further expansion of
the current account deficit, as import prices begin to rise.>

Yes, I see..... inflationary to nth degree as well near term as we are so used to cheap foreign goods, especially oil... luckily it is priced in dollars, not that that would stop a price rise... I suppose it may mute it. It seems to me that in reality it would help the 'old economy' [speaking longer term] become more competative, while the new economy has very little foreign competition so it would be a wash for sales overseas as U.S. tech is the only game in town anyway?

DAK