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Re: [sharechat] Political calculation behind low US $


From: hugh webber <hugh.webber@clear.net.nz>
Date: Fri, 13 Feb 2004 22:42:24 +1300


An interesting case of the tail wagging the dog. 
And how some people become unbalanced through 
conspiracy theories.....

The lower US dollar has everything to do with very low interest 
rates coupled with a horrendously large and longstanding US 
deficit on Current A/c of the Balance of Payments and absolutely 
nothing to do with a Bush re-election campaign.

Or does one deduce the converse that the high NZ dollar 
is a conspiracy by Cullen not to get re-elected?

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