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Re: rheddle post# 85654

Monday, 12/18/2006 12:33:51 AM

Monday, December 18, 2006 12:33:51 AM

Post# of 361522
rheddle. The hope is no dollar crash. With the fed increasing the money supply by 10% and fudging the numbers to look like only a 2-3 % inflation one still has a 8% decrease in the value of the dollar, so why hold dollars. It been 2 years since many opec nations have demanded part payment in other currency. If the dollar falls more those accepting dollars will want alternatives. Look at Germany when workers had to be paid every hour and a loaf of bread took a bushel basket of marks to buy just one loaf.