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To: Alex who wrote (4959)	12/30/1997 8:59:00 PM
From: Terry Rose	Read Replies (3) \| Respond to of 116759

Alex. Once again you have provided an excellent post, the 1% daily money rate increase by the Bank Of Japan is a staggering number. I think that this is hyperinflation, and would prompt gold accumulation by the Japanese people and their financial institutions. Can this be confirmed? One other question. How can the Japanese central bank create yen at this rate and at the same time prevent further devaluation of the yen vs. other world currencies? Help anyone.

To: Alex who wrote (4959)	12/30/1997 11:05:00 PM
From: goldsnow	Respond to of 116759

Alex, thank you. Very informative read. Of course people never learn from history. Perhaps only recently, we stopped blaming "man" for collapse of Rome. It is Russian tradition to blame "problems" on whoever was in power (not Lenin, Stalin or Czar) but on some local leader. Of course now it is Yeltzin fault (but another alcoholic or genius would have done no better. Is like to say that Korean system was a production of corruption and not vice versa..