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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
Nope but preparing to hug MM tonight.
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
eh brudder i tot i saw u ordy post in dat hcm thread too???
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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so brudder if cum ordy b4 102 pumps stil have to pump somemor issit???
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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The economic theory is a bit difficult to explain but it is called Fisher's Equation. It has to do with a person perception on expectation of future inflation. What the government is doing is this : the devaluation is to trigger a increase in economic activity. If the VN currency is deem as cheaper, then the demand for VN product will increase. The opposite is true; foreign goods will become more expensive. The move to devalue the dong will have an effect on the real interest as compare to the nominal interest.
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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http://en.wikipedia.org/wiki/Fisher_...onetary_policy So your theory of dong devalued 1% means approximately devalued by 10% do not hold. Also your coca cola example above proved the theory of inflation.
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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Ur analogy of the coca cola is more of inflation, not exchange rate changes. |
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
Hi Mutantchicken Bro
Cannot rely on wiki one. Recommend to read his book to understand the relationship and not rely on what is on the net. If current devaluation has no causal effect on inflation, then treat what I said as just a fish comment that don't hold water. Just like massage, got to go for the real thing and not contend with superficial piano play.
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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U post like that he dun dare liao Cheerios.......SS08 ^_^
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
Errrmmmm I dun even mind to add the most important last step - live demonstration provided he provide the sssssyt Cheerios......SS08 ^_^
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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You champion lah, I slow thruster so cannot do so many in 1 minute BTW are u that bro with H88 that sat next to me on the return flight from HCM??? Cheerios.....SS08 ^_^
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
U might as well volunteer to buy for him in Cheena and then bring back during CNY Cheerios......SS08 ^_^
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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Better dun, wait your kukubird grew too soft and the condom slipped out Cheerios......SS08 ^_^
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Re: All Vietnam Related TCSS / Info / Gatherings / Help Thread
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Although what you have stated is somewhat economically true, i.e. it means that the distributor of coca-cola in Vietnam have to pay approx. 1% more when he import into Vietnam due to the 1% decreased buying power but this does not necessarily means everybody will increase the retail price by 10% leh Actually altho I am not an economic expert, you may want to re-read Fisher's Equation again as it actually contradicts what you have tried to explain Cheerios.....SS08 ^_^
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