Tuesday, October 19, 2010

US Treasury chief Timothy Geithner says America will not engage in dollar devaluation

Anyone dressing (and playing the part) as a mindless zombie for Halloween should probably read the following quote. It will help you get into character later this month.

"It is very important for people to understand that the United States of America and no country around the world can devalue its way to prosperity, to [be] competitive," he said. "It is not a viable, feasible strategy."

Source: telegraph.co.uk

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