Maria Bartiroma: “So what have you done specifically to safeguard the dollar’s decline?
Secretary Geithner: "Well, I think, Maria, if you look generally, you know, I don’t — I don’t talk about developments in the exchange markets, but — I generally don’t do that, but I think if you look at what’s happened over the last year, you’ve seen really a lot of confidence in the U.S. finance, a lot of confidence in the U.S. economy."
A different take here.
And Soros' take, in words.
Yeah, Timmy, whatever you say don't utter the words stronger dollar. The markets are banking on the obvious policy of dollar destruction.
ReplyDelete