The Dollar is Safe?


	The Dollar is Safe?

CulturalEngineer

6-3-2009 8:35 AM

4870 views

tags:

economics, politics, currency, china, geithner, yuan

CulturalEngineer says:

This story made no sense at first but then I realized he must mean we have plenty of paper and ink and can print China pretty new replacement dollars should their stockpile happen to burn down in a fire or something!

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padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/topNews/idUSTRE54U0W320090601"><H1>Geithner tells China its dollar assets are safe</H1></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/topNews/idUSTRE54U0W320090601"><div align="center"><img src="http://content9.clipmarks.com/blog_cache/www.reuters.com/img/5E95A1C2-AB22-4FE7-B4FD-76EBF14B08FB" alt="Photo" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.reuters.com/article/topNews/idUSTRE54U0W320090601"><P>BEIJING (Reuters) - U.S. Treasury Secretary <A title="Full coverage of Timothy Geithner" href="http://www.reuters.com/news/topics/timothyGeithner">Timothy Geithner</A> on Monday reassured the Chinese government that its huge holdings of dollar assets are safe and reaffirmed his faith in a strong U.S. currency.</P></blockquote><div style="height: 2px; 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