Skip to comments.
Swiss central bank acts on “massively overvalued” currency (update)
genevalunch.com ^
| 8/3/2011
| Ellen Wallace
Posted on 08/03/2011 2:14:27 AM PDT by bruinbirdman
click here to read article
Navigation: use the links below to view more comments.
first previous 1-20, 21-22 last
To: _a_0_0_
"Countries can manipulate their currencies just like oil producers can manipulate that market." UK couldn't do it against Soros. That experience showed central banks the futility of trying against a FX market that trades trillions a day. Japanese couldn't do when yen went below 82.
ChiComs can manipulate yawns because they are not convert able.
Even OPEC has a problem manipulating oil prices.
yitbos
21
posted on
08/03/2011 12:56:47 PM PDT
by
bruinbirdman
("Those who control language control minds." -- Ayn Rand)
To: bruinbirdman
UK couldn't do it against Soros. OK, Champ.
22
posted on
08/03/2011 2:42:53 PM PDT
by
_a_0_0_
Navigation: use the links below to view more comments.
first previous 1-20, 21-22 last
Disclaimer:
Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and the
exemption for fair use of copyrighted works.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson