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To: jttmab who wrote (19841)10/7/2005 12:32:19 PM
From: Sun Tzu  Read Replies (1) | Respond to of 20773
 
I agree with Buffett, though I'd have left currency trading to George Soros, whom last I heard has been short USD for some years (he may be out now, I don't know).

The problem with the USDX as a worldwide confidence measure in USD is that it does not take into account the erosion of dollar against pegged currencies that by definition does not show up as drop in exchange rate but rather in the trade balance. So for example USD has not dropped against Saudi Rial at all, but we do have to give them a lot more dollars per barrel of oil than we used to (which would have been the same effect if they had a floating currency and were quoting us oil in SAR).



To: jttmab who wrote (19841)10/7/2005 7:58:59 PM
From: 49thMIMOMander  Read Replies (1) | Respond to of 20773
 
Buffet and Bush-boy, something is clearly Orwellian-Gulliverian Wrong??

We feature hand carved treenware (small items made from trees) and wood sculpture, fashioned using traditional adzes and crooked knives, all from solid wood, all produced in Port Austin, Michigan.

Anyone can own a wood bowl from a bowl mill, each bowl the same or very similar to every other bowl, but only a few can possess a bowl carved one at a time into shapes suggested by the block of wood. Some lengths of wood become utilitarian trenchers. Some fruit or nut or salad bowls in shapes other than round. Some are round. Many are fish, otters, crouching bears—natural creatures indigenous to the North woods, from Huron County to Homer, Alaska. All bowls are from a single piece of wood, are food safe and intended for actual use Bowls are roughly carved from green wood, then allowed to slowly dry to prevent checks and casehardening.
When dry, they are finish carved, sanded, and if appropriate, surface carved in Formline tradition.

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