Tuesday, October 23, 2012

excessive levels of foreign exchange reserves :is this screen sound inhunt to find the forex fiddlers





nope
 this is perhaps sufficient evidence but not necessary evidence
trad might even be in deficit

we need to do a fairly complex calculation to scoop up all the forex arbitrage profits

we gotta start with real exchange ratios between products and between wages and other resources at ppp

build a ppp consistent synthetic forex rate etc etc blah blah blah