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To: Richard Forsythe who wrote (37726)4/14/1998 9:39:00 AM
From: Fangorn  Respond to of 176387
 
Richard,
ROFL
Shame on you, trying to confuse the poor boy. VBG



To: Richard Forsythe who wrote (37726)4/14/1998 11:08:00 AM
From: Geoff Nunn  Respond to of 176387
 
Richard, what are you driving at? If a foreign currency (the yen) appreciates against the dollar, it doesn't affect the wealth of U.S. domiciles unless they are holding yen denominated assets. If your wealth is denominated in dollars, the only significant impact is that goods from Japan may now cost you more. Otherwise your wealth remains intact.

On the other hand, if you hold assets denominated in yen, things are a bit dicier. If you intend to remain in the U.S., and at some point will repatriate your yen holdings back into dollars, then you stand to gain from the stronger yen. If you intend eventually to move to Japan though, we would need to know more about your circumstances to answer the question.

What exactly is your point?



To: Richard Forsythe who wrote (37726)4/14/1998 12:22:00 PM
From: Eddie Kim  Read Replies (1) | Respond to of 176387
 
Richard,

You obviously confused Steven Call.
Let's just say it depends on what you plan to do with your cash.

Here's another example:
What if I place my cash under my bed for safe keeping for tens years. Have I lost "money" on my cash? Have I lost purchasing power?

-Eddie