Re: Dollarize This

2000-04-18 Thread Jim Devine
At 07:33 PM 04/16/2000 -0500, you wrote: >Jim, >Correct me if I am wrong, but is dollarization any different from in >the EMU with fixed exchange rates for the small countries? >Paul I'm not really the one to ask (not being a international finance expert), but in the case of the EMU, the decisio

Re: Re: RE: Re: Dollarize This

2000-04-18 Thread phillp2
TED]> Subject:[PEN-L:18246] Re: RE: Re: Dollarize This Send reply to: [EMAIL PROTECTED] > talking a break... > > >CB: What's important about dollarization ? > > quoth Max: > > >That's what I was hoping others could tell me. > > >

Re: Re: RE: Re: Dollarize This

2000-04-18 Thread Rod Hay
Widespread dollarization, would have a similar effect as a fixed exchange rate, such as the gold standard or Bretton Woods. Except that the degree of fixity would be much greater. (much less opportunity to cheat). And as such it would have the advantages and disadvantages of a fixed exchange rate.

Re: RE: Re: Dollarize This

2000-04-18 Thread Jim Devine
talking a break... >CB: What's important about dollarization ? quoth Max: >That's what I was hoping others could tell me. > >Off the top of my head, it would seem to have dire implications for the >independence of other countries and the adequacy of their money supply, >from the standpoint of

RE: Re: Dollarize This

2000-04-18 Thread Charles Brown
>>> Max Sawicky <[EMAIL PROTECTED]> 04/18/00 03:07PM >>> >>> Max Sawicky <[EMAIL PROTECTED]> 04/17/00 04:51PM >>> I'm continually surprized by how little attention there is here to 'dollarization.' CB: What's important about dollarization ? >>> T

RE: Re: Dollarize This

2000-04-18 Thread Max Sawicky
>>> Max Sawicky <[EMAIL PROTECTED]> 04/17/00 04:51PM >>> I'm continually surprized by how little attention there is here to 'dollarization.' CB: What's important about dollarization ? >>> That's what I was hoping others could tell me. Off the top

Re: Dollarize This

2000-04-18 Thread Charles Brown
>>> Max Sawicky <[EMAIL PROTECTED]> 04/17/00 04:51PM >>> I'm continually surprized by how little attention there is here to 'dollarization.' CB: What's important about dollarization ? The link below has a number of reports, mixed among other Repug shit http://www.senate.go

Dollarize This

2000-04-17 Thread Max Sawicky
I'm continually surprized by how little attention there is here to 'dollarization.' The link below has a number of reports, mixed among other Repug shit http://www.senate.gov/~jec/106list.html mbs