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


To: stan_hughes who wrote (1115)9/26/2007 4:11:11 PM
From: dybdahl  Read Replies (1) | Respond to of 71454
 
Thanks a lot - your explanation is more or less the same logic that I had before I heard this other guy explain.

However, the world economy is fuelled by US$, which is also the currency of USA, and the world economy is much greater than just the size of the U.S. economy. With the Yuan pegged to US$, the entire China is run on the U.S. currency.

As far as I see it, this guy basically said, that the rules, that apply to small countries, don't necessarily apply in the same way to USA, because of the way the currency is used.



To: stan_hughes who wrote (1115)9/26/2007 4:32:23 PM
From: Real Man  Read Replies (3) | Respond to of 71454
 
fx.sauder.ubc.ca*&fd=1&fm=1&fy=2002&ld=31&lm=12&ly=2007&y=monthly&q=volume&f=png&a=lin&m=0&x=

The dollar has even been falling against the Russian ruble, and
Russia is a chronic inflation country of circa 30% per year.
Should we believe the government inflation stats? 2% CPI? LOL!