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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (24457)	10/22/2002 9:27:00 PM
From: Maurice Winn	Respond to of 74559

Jay, okay, I agree, the dollar will drop against something. As I've ranted for years, it'll drop against QUALCOMM and others like QUALCOMM. A little against gold and other consistently valuable assets. Against the value of the median human's hour, it'll remain more or less constant [which means China's pay rates will increase and USA/Japanese pay rates will decrease relatively]. There is a lot of printing fun to be had for Uncle Al KBE and his Japanese/Euro/Kiwi etc equivalents. Overall, I think the erring will be in favour of inflation because delationary implosions are scary stuff. Mq