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To: Chip McVickar who wrote (502)12/5/1997 2:29:00 PM
From: Chip McVickar  Respond to of 686
 
Here is an interesting artical on Liquidity world wide
biz.yahoo.com



To: Chip McVickar who wrote (502)12/5/1997 6:07:00 PM
From: Don S.Boller  Read Replies (2) | Respond to of 686
 
Chip: You are right on. Except the DMark has not always
been so strong - thus their concern. Way back (before even
my time) Germany went through The Great Hyperinflation...where
peoply got paid twice a day - so they could go out and buy
something, anything, before the money lost even more value.
At the apex the govt. was printing million mark notes on only
one side because to print both sides would have cost more
than the bill was worth. It literally "took a barrel full of marks
to buy a loaf of bread". Not so sure if that fear still has much
sway in current Bundesbank thoughts....Times are a changin'
Best Don