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To: GVTucker who wrote (134076)5/3/2001 9:31:29 AM
From: Amy J  Read Replies (2) | Respond to of 186894
 
RE: "he is pointing out that we have been importing capital for a long time, which has contributed mightily to our economic well-being. The fact of the matter is that we cannot count on this capital coming into the country indefinitely. This will affect the dollar and will also limit the Fed's ability to influence the economy."
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Hi GV, what are the underlying reasons (e.g. attractive US stock market, etc.) why we are able to import so much capital (and it sounds like you are saying it is more than normal)...is this one reason why:

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Message 15741121
To:patron_anejo_por_favor who wrote (98867)
From: At_The_Ask Tuesday, May 1, 2001 6:43 PM
View Replies (1) | Respond to of 99224

I read somewhere that Europeans need alot of dollars at this time to monetize assets for the final rollout of the Euro. And that once that happens the dollar will be dumped. Does this make any sense at all? If so could someone elaborate on this point.
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edit: weaker dollar, weaker stock market? What is the total foreign capital input into US system? How does that number differ from the average? Any estimates on size of potential outflow of foreign capital?

Regards,
Amy J



To: GVTucker who wrote (134076)5/3/2001 10:19:27 AM
From: willcousa  Read Replies (1) | Respond to of 186894
 
GVT for Fed Chairman! I understood that!