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


To: Sea Otter who wrote (13055)5/1/2004 4:58:52 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 110194
 
The currencies of some nations, like Australia and New Zealand, have already run up strongly against the U.S. dollar.

Their long-term potential to continue to rise against the U.S. Dollar is essentially unlimited as long as the U.S. keeps rapidly expanding it's money supply and these other nations do not.

History is replete with examples of currencies, like the British Pound, which declined for decades as well as currencies, like the Swiss Franc, which have risen for decades.