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To: craig crawford who wrote (132715)	10/9/2001 3:24:59 PM
From: Skeeter Bug	Read Replies (4) \| Respond to of 164684

>>are illustrious govt is printing so much money that we are going to have runaway inflation instead. not much of a consolation.<< yeah, but they won't report it. prices will go up 10% but they'll report 3% inflation. but, you already knew this...

To: craig crawford who wrote (132715)	10/9/2001 9:39:32 PM
From: Paul Merriwether	Read Replies (1) \| Respond to of 164684

> of course not. are illustrious govt is printing so much money that we are going to have runaway inflation instead. not much of a consolation I have to agree with you! Inflation is much more of a risk rather than recession. btw: did you know that a lot of foreigners hoard US dollars instead of keeping their wealth in their local currencies. Eastern Europe and mid east(atleast Lebanon/Turkey). Even the Chinese with a stable/convertible RMB seem to want to keep USD's("meijin" or American Gold). I imagine a lot of the USDs printed end's up under someone's mattress in Tirana or Chengdu...