Tobin tax

Jordan Hayes jmhayes at
Sun Apr 11 10:33:14 PDT 1999

From hliu at Sun Apr 11 10:29:35 1999

it is a matter of when one select the starting of the cycle.


There is indisputable recent evidence that

speculative/manipulative runs on currencies have drastically

distorted fundamentals, rather than faulty fundamentals

causeing the speculation.

I guess we disagree when the cycle started :)


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