Wednesday, October 6, 2010

IMF warns against currency war

After Brazil's Finance Minister declared a foreign currency war was underway, US Treasury Secretary Tim Geithner immediately denied the existence of a trade war of competitive currency devaluation.

It appears the IMF and G20 disagree with Geithner. Gee, leading US government officials are in denial on our faltering economy and the USDollar--what a surprise.

No comments:

Post a Comment