Thursday, October 21, 2010

Geithner's Goal: Rebalanced World Economy - WSJ.com

Treasury Secretary Timothy Geithner said he would use weekend meetings of G-20 finance ministers to advance efforts to 'rebalance' the world economy so it is less reliant on U.S. consumers, to move toward establishing 'norms' on exchange-rate policy, and to persuade others the U.S. doesn't aim to devalue its way to prosperity."

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