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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: Peter Dierks who wrote (16195)1/8/2007 2:58:51 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 71588
 
"Regardless, if they are spendable and the most stable currency with enough liquidity to absorb the investment, there is no hurry in converting them into a vehicle likely to be devalued."

Exactly correct!

Except when 'they' ARE ALREADY DEVALUING --- then one is most in a hurry to staunch the losses! :-)