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To: Archie Meeties who wrote (72590)	6/28/2001 10:42:54 PM
From: Box-By-The-Riviera™	Respond to of 116836

all the folks have been arguing deflation don't take gold no where.. did you mean inflationary period... i'm not sure either will be the catalyst the way things are going... thanks for your thoughts

To: Archie Meeties who wrote (72590)	6/29/2001 8:36:40 AM
From: long-gone	Respond to of 116836

AFX Press Front Page Last update 22:45:05 GMT Bush administration reportedly wants Europe, Japan to easy monetary policy LONDON (AFX) - The Bush administration wants both Europe and Japan to ease monetary policy more aggressively in a bid to boost economic growth, the Wall Street Journal reported in its online edition. The European Central Bank "needs to ease up quite a bit," while Japanese authorities should combine expansion of the money supply with tough-minded economic reforms, the WSJ cited a senior administration official as saying. U.S. officials hope the moves will eventually invigorate slack overseas markets for American companies, the newspaper said. But they recognize that the more immediate effect is likely to be to strengthen the dollar and therefore make it tougher for American manufacturers to compete against foreign producers, it said. "In the short run, it's hard to see the dollar going anywhere but up," the official said, adding that the president's economic team prefers to let the market set exchange rates and plans no steps to stop the dollar's climb. afxpress.com