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To: LLCF who wrote (181702)	7/21/2002 5:15:53 AM
From: TobagoJack	Read Replies (3) \| Respond to of 436258

Hi DAK, The one matter thoughtful folks sometimes forget is that the USD will not fall just because people sell their US assets and remit proceeds overseas, but will fall simply because they stop buying additional US assets, even as they hold on to what they have. This is a consequence of floating exchange rate where constant bid prices are required to maintain price level. One morning, if no bids, then no price; Just like Enron or Worldcom. Chugs, Jay