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politico.com - 3/25/2009
Geithner comment causes dollar drop
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I noted earlier that Tim Geithner had been surprisingly sanguine about a new world currency, and had to be pulled back onto his tightrope by former Clinton Treasury official Roger Altman. Currency traders noticed too: The dollar fell on his initial remarks, though it recovered a bit after ...
politico.com - 3/25/2009
Geithner 'open' to China proposal
— politico.com — Geithner, at the Council on Foreign Relations, said the U.S. is "open" to a headline-grabbing proposal by... the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, ... (more) Geithner 'open' to China proposal

Comments vote down Pat Dollard | Young Americans found this 3/25/2009found this
balloon-juice.com - 3/21/2009
The Geithner Plan
— balloon-juice.com — The reviews are in on the leaked Geithner plan , and we are going to do something... different here for a change. We are not going to listen to people who have been wrong about everything, and instead are going to listen to people who have been more ... (more) The Geithner Plan

Comments vote down Obsidian Wings found this 3/21/2009found this
China and the Dollar
online.wsj.com - 3/26/2009
China and the Dollar
— online.wsj.com — As if the dollar didn't have enough problems, Timothy Geithner took China's bait yesterday and said he... was "quite open" to its suggestion this week to displace the greenback with an "international reserve currency." The dollar promptly fell and stocks ... (more) China and the Dollar

Comments vote down The Corner on National Review Online found this 3/26/2009found this

Blog Reactions

Real Clear Politics - TIME.com:  Geithner Goes Global?

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Blog Reactions

Geithner Goes Global?
Real Clear Politics - TIME.com — ... by the governor of the China's central bank, which was widely reported as being a call for a new global currency to replace the dollar, but which Geithner described as more modest and "evolutionary." Smith notes that the moderator sensed a gaffe and presented Geithner with an opportunity for a redo on the issue, which he appears to have taken. (UPDATE: Smith also notes Geithner's comment cause the value of the dollar to plunge , though it recovered somewhat after his clarification.) ...

Related: dollar drops geithner ny times
Dollar Drops On Geither's Comments — Gateway Pundit
Nice job, Timmy. The dollar fell today after Treasury Secretary Timothy Geithner said the U.S. was "open" for a new global currency to replace the dollar. Ben Smith's blog posted the chart. The Financial Times reported: The dollar fell briefly on Wednesday after US Treasury secretary Tim ...