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IPFS News Link • Federal Reserve

Paul O'Neill: U.S. Strong Dollar Policy is 'Vacuous Notion'

• Bloomberg.com
``The markets actually have control over those relationships. When people say strong dollar, if they don't mean that `we believe intervention can work and we're prepared to intervene,' then `strong dollar' is ridiculous.''

1 Comments in Response to

Comment by Powell Gammill
Entered on:

Paulson is saying he supports a strong dollar n rebutal. Bt that was not the tune he was singing in the middle of March:
http://rawstory.com/news/2008/Treasury_Secretary_refuses_actions_to_strengthen_0316.html



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