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Re: kirby49 post# 128

Sunday, 05/26/2002 10:24:21 AM

Sunday, May 26, 2002 10:24:21 AM

Post# of 2577
Hey guys... nice to see we can assemble without being banned :) anyway... the word is the U.S. fed is renewing the escallation of their money supply to support the economy, the banks and of course WOT - so I guess it's just a matter if time before we see some substantial inflation as the G7 competitively devalues their currencies. The Japanese are concerned with a rising yen because of renewed interest in their markets - they're printing like crazy too! The euro? - they'll have no choice but to devalue with all the new farm subsidies and import duties put in place by the U.S. government.

-

I've always assumed if the big currencies like the dollar, the yen and the euro - all devalued together - couldn't they maintain the illusion of fiat invinsibility?

Probably not anymore, eh? lol!

Regards,
Frank P.


Regards,
Frank P.

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