Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: Haim R. Branisteanu	1/29/2010 4:37:34 PM
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Never thought of Larry Summers being such an hypocrite - it seems that the US intend ot print debenture as in the days of John Law - hard to believe that some one with his knowledge will lie in public so brazen!!! bloomberg.com Jan. 29 (Bloomberg) -- White House economic adviser Lawrence Summers said the dollar will play a central role in the international financial system for “a long time to come.” Summers, speaking at the World Economic Forum in Davos, Switzerland, said the U.S. must pursue economic policies that will support the “fundamentals” of the currency, including reducing budget deficits.

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