PEN-L
mailing list archive
[ Other Periods  | Other mailing lists  | Search  ]
Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

Re: Re: Re: Open government vs. capital shortage

Michael Perelman wrote:

Regarding Rob's musing about the dollar, Ellen's question was where would
people flee if they dumped the dollar?


Flee? Dumped? You could have a marginal movement out of dollar assets
into euro assets without crashing asteroids and other apocalyptic
fireworks. Why is it so either/or - either rentiers are locked into
U.S. assets, or they'll jump all at once into EU assets?

Doug


[ Other Periods  | Other mailing lists  | Search  ]