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To: Mike M2 who wrote (123787)9/19/2001 2:13:24 PM
From: Tommaso  Read Replies (2) | Respond to of 436258
 
It is of much interest to me how far, how fast, and when the dollar may decline. I can't decide if our recent catastrophe will lessen faith the dollar, or whether there will be a kind of rallying around America as an embattled fortress.

From a couple of casual contacts, I do gather that Europenas are thinking of their continent as a much safer place than ours right now.

Any theories or historical precedents for what takes the dollar up or down?

About ten years ago I had the pleasant experience of spending some Swiss Franc travelers checks that had appreciated about 25% against the dollar, but I never understood why.



To: Mike M2 who wrote (123787)9/19/2001 2:44:07 PM
From: NOW  Read Replies (1) | Respond to of 436258
 
"we will eventually admit that the economic miracle of the 90s was a mirage created by Wall St, the Fed, the gov't, the financial ( dis)services industry et. al"
My, optimism springs eternal....lol