What is this guy smoking, or does he just like to lie? Today, Timmy made the following statement at a New York conference organized by the Council of Foreign Relations: "United States would never follow a strategy to weaken the US dollar. Our policy has been and will always be, as long as I will be in office, that a strong dollar is in the interest of the country. We will never embrace a strategy to weaken the dollar."
I find his statement completely detestable. In the year to date, the dollar has lost 6.5% of its value compared with a basket of currencies held by our major trade partners.
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