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and the answer is: INFLATION
The Federal Reserve is pumping money into the system at a ferocious rate
right now.....
takes 12-18 months for the effect to be "seen" and "felt" in the economy
though.....
By Mid 2002, the US Dollar should be tanking.....
implication: Sell Eurodollar futures, buy Swiss Francs.
> -----Original Message-----
> From: Bilo Selhi [mailto:citadel@xxxxxxxxxxxx]
> Sent: Wednesday, July 11, 2001 7:15 PM
> To: Omega List
> Subject: $ "devaluation" rumor???
>
>
> there is rumor circulating primarily
> from overseas that $ will be aggressively
> sold in the near future.
> can anyone confirm?
> also circulating a rumor about
> new banknotes?
>
> the buck is super strong now and
> the time where the cost of money is
> low and prices are shooting sky high
> and the economy is crapping.
> all what's needed to devalue is here...
> who remembers the last time the buck
> got devalued???
>
> bilo.
> ps. of course CNBC f..cking worthless propaganda
> is saying inflation is under control and strong
> $ is good...
>
>
>
>
>
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