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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (3816)	12/12/2001 11:32:28 AM
From: Ahda	Read Replies (2) \| Respond to of 24758

i think it is hard to be bullish on any currency because everyone is struggling. We are have managed to share our accounting principles, thanks to the big five, with a large portion of the world. Global also means not insulated.

To: ild who wrote (3816)	12/12/2001 1:05:51 PM
From: ahhaha	Read Replies (2) \| Respond to of 24758

Swiss franc is stronger than Euro. This is more evidence that the regime is transforming into intrinsic inflation from the transitional period started 9/1/98. This kind of inflation isn't demand pull or wage cost push explicitly like all such periods have been since the advent of an activist, interventionist FED, rather, it's a pure monetary inflation. That means government believes that they must create lots of money to prop up an economy that is saturated and can't grow to the extent it needs to avoid the jaws. The economy responds to money creation with rising final prices more than it responds with rising final output. The recognition of this fact is seen in FED's 1/4 point cut. They couldn't have done anything worse. They needed to get out of market many months ago, but they're smart guys and are now preparing the way for the next disaster which they are solely responsible for creating. This is the institution that is applauded by all those in power. So, there is absolutely no way around the disaster, because every smart guy thinks the wrong way is the right way. Now you know how disaster has occurred in the past. Men select it inadvertently because they choose expediency over principle. Principle isn't taught at the universities.