Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (21246)	6/19/2004 10:55:17 AM
From: sea_urchin	Respond to of 81904

Phil > If 200% doesn't have any impact, I wonder what will The Chinese can't be too happy. Now they definitely won't be revaluing the yuan. Anyway, the Chinese will probably open up furniture "factories" in the US to assemble semi-knocked-down components or else somewhere where there are preferential tariffs and get round it that way. One thing I'll tell you and that is neither the US consumer nor the US worker will benefit. The Indians are experts at these tricks. For example, they open clothing or textile factories in SA or one of the neighbouring countries, import all the bits and pieces from India, finish them off locally and then export them to the US as "African" products because of the preferential tariff. So they undercut everyone. The Chinese will do the same. Living in the "developing" world, as I do, one sees all the tricks from the other side of the fence.

To: philv who wrote (21246)	6/21/2004 8:34:31 PM
From: sea_urchin	Respond to of 81904

Phil, here's something which is as good or even better than the dollar -- the "Superdollar" news.bbc.co.uk >>The superdollar is the name given to an almost perfect forgery of an American banknote. Millions of dollars of the fake cash have been passed into circulation since its existence was first noticed over a decade ago. The money, officially known as Note Family - C14342, is thought to originate from communist North Korea. One defector who spoke to Panorama on the condition of anonymity said he had spent his life making counterfeit US dollars, adding that they were such good quality that they fooled experts. He said: "The counterfeiting was all done at government level. We had a special plant for doing it. "When I defected I brought some of these counterfeit notes to South Korea, and I showed them to the experts in the South Korean intelligence agency. They said - these are not fake notes. They're real." One school of thought is that it is part of a plan to try to destabilise the American economy by putting millions and millions of dollars into the system. << "Destabilise?" Ha Ha. That can't frighten Greenspan, in fact, he would be delighted to hear of this. It is, after all, "anti-deflationary".