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To: Seeker of Truth who wrote (50065)	5/16/2004 1:09:43 PM
From: LLCF	Respond to of 74559

<"American Gold." This is indicative of a historic respect for the US currency all around the world.> And gold. <one gets the feel that US govt. debt and US dollars will be tolerated for a much longer period than would be the case for a Latin American country> It certainly has been in the past as well!! OTOH, if things continue to worsen we all know what happens once a currency IS labeled in such a way as 'Latin currencies'. DKA

To: Seeker of Truth who wrote (50065)	5/16/2004 1:11:48 PM
From: Ramsey Su	Read Replies (2) \| Respond to of 74559

Malcolm, for the record, I find myself disagreeing with most of what the Fed governors publishes, especially those of the Chairman. However, I do find them very informative because via their jawboning efforts, they are telegraphing what they want the masses to believe. If they do not see certain issues as a problem, they would not even address it. As for the US$, I think the Feds realize it is imperative that the world continous to regard it as the global currency. By the way, are you Chinese or just fluent? Ramsey