[lbo-talk] Paulson's Treasury OKs East Asian Currency

Dennis Redmond dredmond at efn.org
Sat Jun 17 20:49:44 PDT 2006


A major change. New Treasury chief Paulson hit the ground running:

http://www.theaustralian.news.com.au/story/0,20867,19490320-36375,00.html

Obviously, they're hoping for a managed depreciation of the US dollar, spread out over several years. We'll see if they get it.

-- DRR



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