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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Zardoz who wrote (1428)10/8/1998 4:08:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 81507
 
Hutch...
<<And as of today, the US dollar is grossly undervalued, and the YEN
is overvalued.>>

apparently you agree with the FED that the US$ is the #1 commodity in the world. Why? My own personal belief is that 6 trillion dollars of paper is just the world's largest ever pile of worthless debt. For example, when does the "pile" become too large? At what point does the USA start to actually pay off the debt? Seems like a no win situation to me.