Balancing the Japanese economy down

[Peter K.]

Bob Morris:
>www.stratfor.com, a quite good foreign policy site
>(from a U.S. perspective) said that Miyazawa was, in
>effect, telling the world to sell their yen, hoping to
>cause a drop in the yen, and thus a better market for
>Japanese exports, and that it was a virtual certainty
>that the U.S. and The Fed, supported this move.

stratfor.com has been sourced on this list before. This would
create a worse market for U.S. exports, thereby creating a 
countervailing - perhaps not equal - force to the Fed's rate 
lowerings. If folks do sell their Yen, what would they
buy?

Peter