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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: lorne who wrote (3623)	11/28/1997 12:06:00 AM
From: CIMA	Respond to of 116822

All countries that devalue are subject to increased inflation until their currency stabilizes. Then there is an additional inflationary period of adjustment. Imports of manufactured goods, high-tech, etc: become more expensive as do basic commodities (gas) which are generally valued internationally in U.S. dollars. Domestic consumption takes a nosedive, capital flight is common and the country usually has to export itself out of crisis. The inflationary effect is domestic and seldom has international impact.