the meaning of money

pms laflame at
Mon Sep 7 02:50:08 PDT 1998

Hey Ya'll-

I don't grasp the currency thing. Why does the dollar decline because Greenspan says he might cut interest rates. I would think that would mean that anyone who wanted into Tresaries would snatch them now...are currency values connected to the bond market? Do people like Soro's actually buy money or is it a country's bonds that get bought.

And I read somewhere that gold was up because Treasuries were no longer looking "invulnerable". Does that mean the bond market thinks the guv will default. What are they, closet Marxists. Really, do they just make this stuff up for the rubes.

Bewitched, bothered and bewildered-thanks...Paula

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