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To: OwenKellogg

In a global economy, your competitor nations are going to manipulate your currency if your own government leaves it alone. There is no conservative option; only the option to attack.

273 posted on 11/27/2004 9:51:25 PM PST by Southack (Media Bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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To: Southack

>>> In a global economy, your competitor nations are going to manipulate your currency if your own government leaves it alone. There is no conservative option; only the option to attack. <<<

You avoided answering a direct question again.

If you call devaluing the savings of all Americans and raising prices on all goods an attack on competitor nations, I'd like to see what a retreat would look like.

If you are advocating a continuous round of competitive currency devaluations, then I ask again...Is this a conservative policy? How do you know when one nation wins? Where is a historical example of a competitive currency devaluation bringing prosperity?


275 posted on 11/27/2004 9:59:01 PM PST by OwenKellogg
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