This article explains the weak dollar, the power of China over the dollar, and how current Fed policy (almost 0% interest to banks) is a windfall for the banks--and explains why Geithner said the US wanted a strong dollar.
The Fed, China, the Dollar, and More Profits For BanksCourtesy Newsvine - business Sat, 12/05/2009 - 11:34
This article explains the weak dollar, the power of China over the dollar, and how current Fed policy (almost 0% interest to banks) is a windfall for the banks--and explains why Geithner said the US wanted a strong dollar. Related itemsOptions windfall likely for bailed-out bankers
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