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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Seaworthy Lyric who wrote (33572)10/8/1998 2:30:00 PM
From: Knighty Tin  Read Replies (4) | Respond to of 132070
 
Jerry, No insights at all other than that the folks overseas have been pounding the buck. I guess they don't like the new big-faced currency. <G> Seriously, I have long predicted and been wrong that the Japanese would dump dollars and US bonds before they ever fixed their system. Now, finally, it is coming true.

Despite AG's hype to the contrary, you simply cannot keep printing money and expect your currency to outperform forever.

MB