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To: energyplay who wrote (25171)	11/8/2002 11:41:17 AM
From: smolejv@gmx.net	Respond to of 74559

>>They want to seem independent of the FED, also they like Euro > USD$ for now and like the money flowing in. Big ego/reputation issues involved, both for whole Euro project and people.<< Running big economies or monetary systems is an ego question for some. But I would count ECB out on that. Especially when terms like "they want to seem independent of the FED" are thought and used. Roflmao - reads pretty much like Tom Sawyer ("mine is bigger than yours"). There IS an independence issue, but it involves the political elbow battles of member states. France and Germany should suffice, I'll throw Italy for good measure. Given the fact that France is the biggest importer of German goods, it looks like the two states have been chained to the same ironball lately. regZ dj