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To: Nathan Zachary

"Now to protect his money he has no choice but to buy back the USD to avoid loosing too much."

No choice? LOL! Like the USD is the only currency in the world. There are others that are stronger you know.


21 posted on 06/03/2005 3:23:47 PM PDT by jwh_Denver (Hillary for "Slug Queen")
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To: jwh_Denver
"There are others that are stronger you know."

True. but not as stable. He could buy Cunuck bucks and drive their value up, THEN trade to USD's. He is a money trader after all. Eventually he has to park in a secure stable place while the instability he causes settles down. Frankly, I think players like him should be resricted.

30 posted on 06/03/2005 3:35:46 PM PDT by Nathan Zachary
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To: jwh_Denver

"No choice? LOL! Like the USD is the only currency in the world. There are others that are stronger you know."

Of course there are! But not necessarily in high demand. Business people only need so many Japanese yen or Norwegian crowns. Where the commerce is will determine which currencies are in demand.


44 posted on 06/03/2005 4:06:07 PM PDT by navyblue
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