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To: UnBelievable who wrote (247125)6/25/2003 1:36:08 PM
From: Jack of All Trades  Read Replies (2) | Respond to of 436258
 
Actually if you think the Yen is going to devalue it would be a great trade to borrow and buy Euros or dollars... The only way I could see it as a "riskless" trade is if you were to live in Japan where you start and end with the Yen... JMO



To: UnBelievable who wrote (247125)6/25/2003 1:37:14 PM
From: UnBelievable  Respond to of 436258
 
Can Negative Prices Be Fair Behind?



To: UnBelievable who wrote (247125)6/25/2003 1:58:56 PM
From: Oblomov  Respond to of 436258
 
>>It seems like a no brainer. Isn't this a riskless profit?

Yes, if you can find someone who will lend to you.



To: UnBelievable who wrote (247125)6/25/2003 7:16:05 PM
From: NOW  Read Replies (3) | Respond to of 436258
 
since they have deflation, you are borrowing money which you have to pay back with more valuable money tommorow.


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