- Jeff - I don't know if you saw this quotation by the
U.S. Treasury Secretary...
-
- "It is very important for people to understand that
the United States of America and no country around the world can devalue
its way to prosperity, to (be) competitive. ... It is not a viable, feasible
strategy and we will not engage in it." --Timothy Geithner Oct
18, 2010
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- I found it on 321gold.com (quote at the bottom
of the page) and had to do a double-take when I first read it, but I confirmed
it at: http://news.yahoo.com/s/nm/20101019/bs_nm/us_usa_dollar_geithner
-
- At first, I thought he was saying that the U.S. CANNOT
devalue its way to prosperity, but if you
-
- re-read what he actually said, it's the exact opposite!
-
- Mr. Geithner is saying two things (1, 2) and trying to
get away with his first statement by covering up with his last sentence
(3).
-
- 1. "It is very important for people to understand
that *the United States of America* can devalue its way to prosperity,
to (be) competitive. ..."
-
- 2. "It is very important for people to understand
that *no country around the world* can devalue its way to prosperity,
to (be) competitive. ... "
-
- 3. "It is not a viable, feasible strategy and we
will not engage in it."
-
- Did you catch that? I don't think any lamestream
media reporters did.
-
-
- A Master of Duplicity!
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