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To: Ahda who wrote (5080)1/1/1998 10:23:00 PM
From: goldsnow  Read Replies (1) | Respond to of 116753
 
>>>we are pumping dollars like water inro other economic sturctures arn't we causing deflation of our dollar Heck of a lot of our dollars are going to be wandering around?>>>

Happy New Year Darleen,

US dollar is backed by world-wide confidence, backed in turn by almost like washiping admiration of America. Not just $ is pushing Yen
but American standards. French lament about Disney and invasion in general. Kids everywhere whant to touch everything American-the lonly holdout is futbol (soccer) America is a symbol- Great Symbol, a perception is almost like turn of the century-if only you can get to America...and it is true!!
The only problem is- Americans just not so sure..And when recession hit or inflation or severe deflation (none is avoidable-
than hold your breath..