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


To: Sam who wrote (6269)9/9/1998 7:52:00 AM
From: Worswick  Respond to of 9980
 
I spoke to my expert on the great German reflation: he ws a U-boat Lieutenant and the cameraman of Jphn Cassavetes film "Shadows", amongst other things.

Right on Sam. He said that during the German reflation after they moved the decimal point over to left and a 90% devaluation of the currecny coins were denominated at their face value. Thus, a 90% gain for the coins ...in a 90% decline of the paper money.

You might want to read Feckstien's comments today about the market. Quite interesting.

stocksite.com

My best to you, as ever,

Clark