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


To: TobagoJack who wrote (44191)1/2/2004 9:17:39 AM
From: Ramsey Su  Read Replies (2) | Respond to of 74559
 
scenario Part II

US$ and yen are the most readily available commodity in the world. Printing press can run pretty much at the command of one person.

The euro, for better or worse, can only be manipulated by a bunch of bureaucrats from a whole bunch of countries.

While I see no reason why the relative value of the euro, yen and US$ to change much, I do see that citizens of the world losing faith in fiat currency, especially the dollar and the yen.

So are we getting back to carrying seashells?