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To: Richnorth who wrote (14136)1/29/2001 3:59:48 PM
From: Claude Cormier  Read Replies (1) | Respond to of 14627
 
<Read the articles and I am sure you will begin to see the big picture. >

They are a great read. However, they don't necessarily make a case for the conspiracy. Everything could be circumstantial.

No doubt ther has been manipulation. But that is nothing new. Paper currencies have been manipulated since they existed. That doesn't make a conspiracy.

Until now, foreigners have hold on US dollars assets they have accumulated after two decades of excessive growth in money stock, debts and trade deficits. This has create an imbalance that must be corrected by an exchange rate adjustment in gold, yen and Euro. Remember what came out of early January Euro Asia finance prime minister meeting.

The South China Morning Post reported: “Japan and France finance ministers urged Asia to include the Euro and Yen in a new post-crisis managed currency regime, arguing excessive reliance on the United States dollar had brought disaster.”

C