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Brazil reinstitutes tax Foreign Money Inflows

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  • Brazil reinstitutes tax Foreign Money Inflows

    Here is the link at bloomberghttp://www.bloomberg.com/apps/news?p...d=aex4NXE25Y0E, Buyers will pay a 2% tax, The article makes no mention of a tax on sellers.

    “Excess global liquidity could lead to an over-appreciation of the real,”- HMMMM.....I think he means Excess Dollars.
    We are all little cockroaches running around guessing when the FED will turn OFF the Lights.

  • #2
    Re: Brazil reinstitutes tax Foreign Money Inflows

    it was the 'hot money' flows that killed the asian economies during the
    Asian Crisis as money shot out of their economies.

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    • #3
      Re: Brazil reinstitutes tax Foreign Money Inflows

      Someone is forcing Brazil to buy $US, I wonder why??? ;)

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      • #4
        Re: Brazil reinstitutes tax Foreign Money Inflows

        Originally posted by jacobdcoates View Post
        Here is the link at bloomberghttp://www.bloomberg.com/apps/news?p...d=aex4NXE25Y0E, Buyers will pay a 2% tax, The article makes no mention of a tax on sellers.

        “Excess global liquidity could lead to an over-appreciation of the real,”- HMMMM.....I think he means Excess Dollars.
        They are protecting themselves from having to import inflation. They know a lot about inflation. Smart move.

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        • #5
          Re: Brazil reinstitutes tax Foreign Money Inflows

          Originally posted by goadam1 View Post
          They are protecting themselves from having to import inflation. They know a lot about inflation. Smart move.
          it is difficult for Americans to comprehend central banks lean against bubbles... India's central banker does the same.

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          • #6
            Re: Brazil reinstitutes tax Foreign Money Inflows

            whay would a bank lean against a bubble? look what a success it
            has been here in the good ol' US of A!

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