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To: Zardoz who wrote (34101)5/18/1999 7:11:00 PM
From: Ahda  Respond to of 116814
 
A tighter US dollar might help that trade deficit? The trade deficit is part of keeping the economy down and yes it would help if the fed tightened there.

I dont agree with a currency peg because of the very nature of currency that is tied to economic statistic that change very rapidly. Labor cost is a better governing factor because assets can become over inflated. The consequence of that action is a non reliable dollar base?


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