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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (66924)10/21/2003 5:43:19 PM
From: Real Man  Respond to of 94695
 
Yeah, I'm sure they will try that. They can keep rates low,
print dollars and buy futures on SP, buy long-dated
treasuries... So, everything will keep moving up. Somehow,
there is a fatal flaw in this assumption, since it would
make Argentina the greatest country in the World. Can't make
something out of nothing.

If they keep rates too low, market participants will borrow
dollars at 1%, and invest them into India, China, and other countries, causing significant dollar collapse. Shoot, with
dollar going down fast, I would WANT to be in debt. The higher, the better -g-