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To: Haim R. Branisteanu who wrote (79559)8/22/2003 6:43:36 AM
From: skinowski  Read Replies (1) | Respond to of 209892
 
Very interesting.

It is not a zero sum game as the value of the paper money decreases in real terms but if correctly manipulated the effects are postpone for years.

Do you think that foreigners will continue to buy dollars? Sometimes I think that inflationary statements by someone like Bernanke are actually aimed at big buyers, telling them to slow down and and to cut their losses - and let us "monetize" our debt out of existence. If they start selling instead, things might start happening quickly.



To: Haim R. Branisteanu who wrote (79559)8/22/2003 9:20:19 AM
From: yard_man  Read Replies (1) | Respond to of 209892
 
there's a tipping pt in all such schemes ... they always LOOK like they are going to go on forever.