“Alan Greenspan, former chairman of the Federal Reserve, and U.S. Treasury Secretary Timothy Geithner locked horns Thursday over whether the Obama administration is supporting a weak dollar to bolster the economy.
Greenspan, in an op-ed piece in the Financial Times, claimed that the U.S. government is deliberately weakening the dollar, while Geithner asserted in an interview with CNBC that “the U.S. would never do that.”” Read more.
“Greenspan vs. Geithner in ‘weak dollar’ debate”
Aaron Smith
CNNMoney, November 11, 2010.
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