weeklystandard.com - 3/25/2009
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Ben Smith reports :
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, but which Geithner described as ...
politico.com - 3/25/2009
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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
online.wsj.com - 3/26/2009
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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
online.wsj.com - 3/26/2009
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online.wsj.com —
[Zhou Xiaochuan, governor of the People's Bank of
China.] Reuters Zhou Xiaochuan, governor of the People's Bank...
of China.
(more)
China Takes Aim at Dollar
Comments
Blog Reactions
On 'How to destroy the dollar without really trying'
Hyscience —
After reading this, I have to ask myself just whose side is this guy Geithner actually on. On the other hand, his boss is doing everything that a president could possibly do to destroy it, himself. Together, as one author ...
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Geithner comment causes dollar drop
politico.com 3/25/2009 —
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 ...
China backs talks on dollar as reserve -Russian source
| Currencies
reuters.com 3/19/2009 — By Gleb Bryanski MOSCOW, March 19 (Reuters) - China and other emerging nations back Russia's call for a discussion on how to replace the dollar as the world's primary reserve currency, a senior Russian government source said on Thursday. Russia has ...
Destroy, Destroy, Destroy
slublog.com 10/28/2008 — First Sarah Palin, then Joe the Plumber.
Now Barbara West. The Obamites are trying to destroy the reputation of a reporter who did nothing more than ask tough questions of Joe Biden .
Do you think they'll stop these tactics if they're elected?
Op-Ed Columnist - China’s Dollar Trap
nytimes.com 4/3/2009 — Back in the early stages of the financial crisis, wags joked that our trade with China had turned out to be fair and balanced after all: They sold us poison toys and tainted seafood; we sold them fraudulent securities. But these days, both sides of ...
China ‘Super Currency’ Call Shows Dollar Concern (Update1)
bloomberg.com 3/25/2009 — March 25 (Bloomberg) -- China’s call for a new international reserve currency may signal its concern at the dollar’s weakness and ambitions for a leadership role at next week’s Group of 20 summit, economists said. Central bank Governor Zhou Xiaochuan ...
Seriously, Give Us Our Bonuses, Or We Will Destroy the Economy
openleft.com 3/24/2009 — The Wall Street Journal has an article up about the Obama administration's outreach efforts to Wall Street. Among the cute stories about hashing out the housing plan over pizza with banking executives, come the underlying story of how the bonus tax ...
China calls for new global currency
news.yahoo.com 3/25/2009 — BEIJING China is calling for a new global currency to replace the dominant dollar, showing a growing assertiveness on revamping the world economy ahead of next week's London summit on the financial crisis. The surprise proposal by Beijing's central ...
Geithner misses lifeline, sinks dollar
swamppolitics.com 3/25/2009 — by Frank James
Treasury Secretary Tim Geithner had been having a relatively good week until today.
On Monday, he introduced his detailed bank-rescue plan which financial markets greeted with a huge rally.
Yesterday, he did fairly well ...
If China loses faith the dollar will collapse
ft.com 5/4/2009 — If China comes to the conclusion that the United States is not being responsible in its monetary policy they could curtail their investments in dollars or sell them off, damaging the U.S.'s ability to borrow money.