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

To: Chaka who wrote (31555)5/2/2005 4:19:52 AM
From: Taikun  Respond to of 110194
 
<USD will devalue compared to real assets - oil, metals, sugar, you name it.>

Agreed.

<What happens to USD with respect to Pound, Yen, or Euro depends on who is winning at any given moment in devaluing their currency in order to be "competitive".>

I rather think nations have lost much of the power they used to have in managing their own currencies. Of course, controlled currencies like RMB, Ringgitt are an exception.


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