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To: IceShark who wrote (27818)10/13/2000 3:07:40 AM
From: NOW  Respond to of 436258
 
I am afraid that with capital flows and creation being such as they are we may never know the real wrking s of the exchange rate shenanigans...
But foreign purchases of treasuryies in times of crisis are helpful, and I have even speculated that a severe haircut for our markets could encourage FUTURE flows into the country, hence keeping the dollar bubble alive and well