The US strong dollar policy amuses me
Every few days some Government official in the US, most often Paulson, comes out with the arbitrary statement that the US has a strong dollar policy-that they want the dollar to strengthen, to stay up, etc. Here's what came out today.
A strong dollar policy sounds funny to me. That is like me saying I want to have $100 Million, I have a get richer and stay rich policy. Everyone wants to stay rich-what's the big deal? Obviously rich groups (tribes or countries) like their currency to be worth a lot-just as an individual wants to be worth a lot of money (or corn), so to hear a Government official say something like this amuses me.
Sanjay
A strong dollar policy sounds funny to me. That is like me saying I want to have $100 Million, I have a get richer and stay rich policy. Everyone wants to stay rich-what's the big deal? Obviously rich groups (tribes or countries) like their currency to be worth a lot-just as an individual wants to be worth a lot of money (or corn), so to hear a Government official say something like this amuses me.
Sanjay
Labels: general commentary
posted by Sanjay "John" Gandhi at 11:02 AM
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