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To: Alex who wrote (12581)	6/4/1998 2:51:00 AM
From: Ahda	Read Replies (1) \| Respond to of 116791

Hi Alex Mahathir sees talk on single Asia currency 'later' TOKYO, June 4 (Reuters) - Malaysian Prime Minister Mahathir Mohamad said on Thursday he expects ''serious consideration'' will eventually be given to the idea of a single Asian currency, but indicated it will not be soon. ''At some stage there will be talk and even serious consideration of the need for an Asian common currency,'' Mahathir said, answering questions after a speech to a Tokyo symposium. But he said it would take a long time and ''a lot of argument'' to talk through such a concept. In the meantime, he suggested that ''other ways'' be considered. Mahathir has recently said that Southeast Asian nations are considering forming a trade-weighted basket of currencies to reduce their reliance on major currencies such as the dollar.

To: Alex who wrote (12581)	6/4/1998 7:07:00 AM
From: Bobby Yellin	Respond to of 116791

at this point in time with deflation coming from SE Asia and former Russia and industry being only 15 percent here and services being 85 percent, one would think that the USA would throw out old measures of judging inflation and create new indicators.. although in my area of the country food prices and rent and apartments are going up up and away.. why don't they just build indicators on telephone bill,cable bills, health care services,transportation ie cabs and airplanes and trains etc,banking fees,etc,high tech consulting fees for computer woes..wonder what inflation would look like then? bet they won't do it.. ps..have you heard the ad on CNBC about calling a place to be able to buy up to a $500,000 home with no money down and something about throwing in cash for furniture.. no wonder housing sales are booming..wonder if down the road that boom will signify something else..