"The United States would never deliberately weaken its currency to grow its economy, U.S. Treasury Secretary Timothy Geithner told CNBC on Thursday." He knows better. Currencies do not become weak or strong because a politician says so. Currencies depend on government policies and above all on productivity growth between countries.
And this is not easy to change. Even for a US Treasury Secretary.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
Ranked best market timer in the 12 and 6 months ending 8/20/10 by Timer Digest
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