Great news: Geithner almost tanks the dollar by embracing Chinese currency proposal

Advertisement
Excerpt Politico politico.com

Evidently sensing a gaffe, moderator Roger Altman told Geithner that it would be “useful” to retun to the question, and asked if he foresaw a change in the dollar’s centrality.

“I do not,” Geithner said, adding several forceful promises, including, “We will do what’s necessary to say we’re sustaining confidence in our financial markets.”

Continue Reading at Politico

Comments

VIP

Join the Conversation

VIP members get the ability to comment on articles.

Recommended

Trending on HotAir Videos