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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: yard_man who wrote (29)	5/10/2007 12:55:53 AM
From: Real Man	Respond to of 71409

Yes, M3 has comparable growth rate in Europe. The main issue is the peg, and the status of USD as a reserve currency. The other country then prints its own currency to buy USD reserves to compensate for the trade surplus with US. Then, iflation goes up everywhere. Once those foreign counties get sick of inflation and the peg, the USD will drop. Here is an example - that's why high oil prices don't matter: fx.sauder.ubc.ca*&fd=1&fm=1&fy=2005&ld=31&lm=12&ly=2007&y=daily&q=volume&f=png&a=lin&m=0&x= Yen is pegged between 105 and 120 Y/$