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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (18014)	4/15/2003 10:04:53 PM
From: Ahda	Read Replies (1) \| Respond to of 81023

Sa could you think this out as I feel it is far more than just SA inflation but US and possible world inflation with the exclusion of China who has SARs hinging over its head. It is minor but it is causing inconvenience in business. Simply put products from SA have doubled in cost from Rand at 8 to 15. The exporter increases costs the importer must pass those costs on as his internal operations costs have not changed but his profit margin has decreased. It sure seems we could be in for a big dose of world inflation. We need inflation here to decrease the budget deficit but we are not seeing new high pay job growth to decrease the potential of debt default.