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To: Bill Murphy who wrote (32883)4/29/1999 11:14:00 PM
From: Ahda  Read Replies (1) | Respond to of 116759
 
Bill re IMF the as a name or a true bank part of tho not part of the world bank. If one takes gold as a unit of wealth then one would say by maintaining this unit of wealth regardless of interest or non interest you have a currency that is not affected either by increased asset value or increased national or international,. demand.
By selling gold the currency which currency then translates to the units of value in the IMF there of enters the world of the derivative angle which unfortunately nations that are given funding re IMF can use on derivative plays.

The amount of currency that Japan had due to both external and internal created the boom .

The question then becomes due to our own shall we say continued effort to maintain a thriving economy and watch for any signs of inflation that state we are thriving to much is terribly difficult to do.

I hate to think of the IMF which I view as world currency selling gold

In the IMF is disbanded due to inability to finance we here will be left trying to do. Here again we will find a way to add currency to the situation to improve the lot of others. The more we contribute however the greater question of diluting value becomes. The resulting loans are not immune to a currency change that would reduce the actual value of the original loan due to the possible fluctuation of currency.
I am getting too wordy. Currency allows unlimited growth but at some point be it 125 or whatever gold is neither inflation nor deflation but commodity of value.



To: Bill Murphy who wrote (32883)4/30/1999 1:13:00 AM
From: Jim McMannis  Read Replies (2) | Respond to of 116759
 
RE:"I am beginning to become indignant with the press. They
are either a bunch of mushballs or something is very, very
wrong."...

I knew you would run into this problem. They get their cues from places that would make you sick.