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Y. <However, if you think you can keep printing dollars at will and
that the rest of the world is going to keep honoring them at present
value: think again.>
Yuki,
Forgive (or ignore) Quant...
I see no need for rancor in this discussion. Each persons opinion is
worthy of consideration.
Given Japan's economic ups and downs over the past 35 years, you
should have a very good perspective on this subject.
And so I pose a serious question to you:
If you were an American citizen dealing in dollar denominated
transactions, how would you manage your financial well-being based
upon your beliefs?
Best regards,
Phsst
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