Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Jack Clarke who wrote (372)	1/3/1998 10:05:00 PM
From: RagTimeBand	Read Replies (1) \| Respond to of 9980

Jack >>I thought he was implying some sort of official devaluation rather that the de facto one.<< Call it what you will. Why do you think, to quote Zeev: "our currency went from 220 yen to the dollar to a low of 80 yen to the dollar"? What I was saying was the U.S. Government, in an attempt to make our manufactures competitive, was instrumental in lowering value of our currency. If they did it once, what's to keep them from doing it again? Regards - Emory