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To: Sam who wrote (28405)1/14/2012 3:36:29 AM
From: robert b furman  Respond to of 222514
 
Excellent point Sam.

I agree regarding Japan.

You see the impact of it by the way Toyota has lost its volume and all profitablility.

Their Sovereign debt to GDP should be weakening its Yen and yet it has really gone up vs the dollar at least.

Weak Dollar has revitalized domestic car makers.

wonder why?

Bob



To: Sam who wrote (28405)1/14/2012 9:06:40 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 222514
 
The reason our government can manipulate the currency is because the FED can merely print more money and weaken the currency as a result... does Japan also print more of their currency? The reason our government weakens our currency is to minimize the effect of our debt... if I owed you $10 and a dollar was worth a dollar, then I would still owe you $10 dollars... but, if I printed more currency and weakened the currency as a result, then the $10 debt to you would only be worth $6 dollars, and so on... the more they print, the less value each dollar is, and the less damaging the overall debt... can Japan, or any other country, print their own money at will? TIA

If so, then I stand corrected, please let me know...

GZ