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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (79)	6/26/2005 8:08:51 AM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 50398

"But a real inflationary "breakout" cannot occur until the Asians tire of financing huge and ever growing US trade deficits at absurdly low interest rates." When pegging their currency to the dollar how might the Chinese continue to maintain this stance in light of many here calling for a revaluation (uncoupling) of some degree or another and if implemented how might this add to a possible inflationary spiral. Every action has an equal and opposite reaction. btw: What is the current ROI on Japanese savings accounts? I can not imagine it being anything relative to what is available internationally.