How do these guys say this stuff with straight faces? The value of the American dollar has been destroyed in the last two years, yet Treasury Secretary Timothy Geithner is now defending his “strong dollar policy.”
AFP has the hilarious highlights of the Treasury Secretary’s stand-up routine:
US Treasury Secretary Timothy Geithner vowed Tuesday that the United States would never follow a strategy to weaken the US dollar.”Our policy has been and will always be, as long as I will be in office, that a strong dollar is in the interest of the country,” Geithner said at a New York conference organized by the Council of Foreign Relations.
“We will never embrace a strategy to weaken the dollar.”
It was the first time this year that Geithner had publicly proclaimed a US strong-dollar policy, a mantra of treasury secretaries for more than a decade.
The words “Tim Geithner” and “strong dollar” should never be used in the same sentence.
Tim Geither is to strong dollar as Jeffrey Dahmer is to vegan.
Source: AFP
