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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Louis V. Lambrecht who wrote (7366)2/8/2004 4:02:12 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 110194
 
>>>No one CB is rich enough to counter that sort of market, not even the Fed.<<

not accurate IMHO - finance minister can submit a law to their own respective government which put a tax on not for trade FX flow of funds. let say 0.25% is meaningless for the real trade but costly for FX manipulators.

THis will solve 2 problems 1. lowering budget deficit 2. lowering short term FX manipulation substantially

.... but then again who has the guts to confront the real criminals ?