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To: Mase
With the printing presses rolling I would say, unless some von Mises appears on the scene, that it's just a matter of time.

The Chinese, our friends and the ones who laughed gleefully when shown pictures of 9/11, would just love to dump their bonds. They will, no doubt, when it pleases them.

330 posted on 11/02/2007 11:26:46 AM PDT by fweingart (FRED! (How is Mumia Abu-Jamal these days?))
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To: fweingart
With the printing presses rolling I would say, unless some von Mises appears on the scene, that it's just a matter of time.

I guess you'd have to prove the printing presses are rolling faster than our rate of economic growth first. Then you'd have to explain, if it is in fact true, why the entire bond market is missing it.

The Chinese, our friends and the ones who laughed gleefully when shown pictures of 9/11, would just love to dump their bonds. They will, no doubt, when it pleases them.

It's interesting to note that we are often told by people here how smart the Chinese are then the same people turn around and offer an example of an imminent action that would prove they're not very smart at all. China won't dump their bonds for a lot of reasons, most of all because it would cost them a huge amount of money.

358 posted on 11/02/2007 11:58:41 AM PDT by Mase (Save me from the people who would save me from myself!)
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