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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (1824)5/24/2003 7:36:06 PM
From: UnBelievable  Read Replies (1) | Respond to of 4912
 
Unless Overcome By Additional Printing By The Fed They Would Be

When Japan takes dollars and parks them in T-bills they are essentially canceling out those dollars. They do so in an attempt to keep the dollar scarce and more valuable than the Yen. But Japan can't keep us from debasing the dollar.

The Fed just needs to print more, which they will.

Our ability to produce dollars is significantly greater than Japans ability to buy them and take them out of circulation.

Japan is dumb to even try.