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To: Gary105 who wrote (72533)6/28/2001 3:00:34 AM
From: marek_wojna  Read Replies (1) | Respond to of 116764
 
<<I am attracted to them as a result of TA, yet believe the economy will stay weak and that inflation will be low as a result of overcapacity>>

Hi, Gary

Inlfation is staying low due to cheap imports. Overcapacity is telling you this. US are in the trap and Feds knows that.
One of the reasons they defending strong dollar is to avoid political exile, maybe trials. They realize the chaos of weak dollar better then manufacturing sector who is asking to weaken it, to stand the chance of survival.

There is no way out from the trap without creating hyperinflation, which will lead to rejection of paper promises.