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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RodgerRafter who wrote (18675)12/15/2004 5:33:12 PM
From: mishedlo  Read Replies (1) of 116555
 
Treasury´s Snow says Bush ´re-affirmed´ dollar policy
Wednesday, December 15, 2004 9:20:04 PM
afxpress.com

Treasury's Snow says Bush 're-affirmed' dollar policy WASHINGTON (AFX) -- Treasury Secretary John Snow said Wednesday that President Bush reaffirmed the long-standing "strong dollar" policy when he told reporters in the Oval Office his administration was committed to reducing the deficit to encourage foreigners to buy the greenback. "I think what the president did today was re-affirm the strong dollar policy," Snow told a small group of reporters at the Treasury Department. Earlier Wednesday, Bush said the U.S. is committed to a strong dollar and believes the market should set exchange rates. Snow added that the dollar policy has been articulated often and "it should be" well understood

forexstreet.com

Some things are just too funny to not report
Mish
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