To: Oldeconomybuyer
a·li·yah (äl-ä, -l)
n. pl. a·li·yahs, also a·li·yot (äl-t) The immigration of Jews into Israel.
Actually, I think it means "coming up." It is used as a metaphor for coming to Israel.
21 posted on
12/20/2001 2:50:49 PM PST by
Inyokern
To: Inyokern
I read some interesting things about Central and South American banking systems of late - apparently, many of the currencies there are "backed" by dollar reserves, which means that the central banks must maintain dollars in reserve for the amount of currency outstanding in the economy. This means that export to the United States is an absolutely crucial component to their monetary policy, so that there is a net influx of dollars to the bank reserves and therefore the ability to issue additional currency for economic growth. And since the US can issue more dollars with a few computer keystrokes, this dollar reserve system is a leash that keeps these economies at the mercy of the US financial system.
I suspect that if 2001 hadn't been such a dismal year for the US, Argentina would be in much better shape than it is.
22 posted on
12/20/2001 3:18:21 PM PST by
mvpel
To: All
Not sure why Jews are being blamed for the Argentine gov't's mishandling of the budget and economy. We think that we are so advanced, yet there's always the need for scapegoats to blame when things go awry. The President has announced that he is resigning. How about some posts on FR that talk about the gov't and what they have done to bring this on versus these anti-Jewish posts. If you're conservative, it means you have some sense, and a firm grasp of right and wrong. Any place the Jews settle, they prosper; everywhere they are persecuted, the ones who persecute them bring a curse on themselves. The posts on Freep are getting dumber and dumber as time goes on. I almost think that some leftist, Democratic organization is paying people to post garbage on this site, just to repulse and provoke the authentic conservatives who discuss legit issues here.....
23 posted on
12/20/2001 3:25:00 PM PST by
Malcolm
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