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

To: Ilaine who wrote (35494)	6/29/2003 1:00:39 AM
From: TobagoJack	Respond to of 74559

CB, <<taking Macroeconomics from someone who is using books by Von Mises and Rothbard as texts>> ... is perhaps the wisest way forward, before and after taking courses offering newer ways of economic thought ala friedman and co. Chugs, Jay

To: Ilaine who wrote (35494)	6/29/2003 1:05:27 AM
From: Snowshoe	Read Replies (2) \| Respond to of 74559

CB, the pressure is on for China to revalue it's currency upward compared to the US dollar, not to devalue it. Right now China's currency is artificially pegged to the U.S. dollar, and therefore falling along with it compared to other currencies such as the yen. This imbalance is creating stresses and strains. But that's about as much as I know. Thinking about more than once currency gives me a headache. -Snow