Tim Geithner Gets Laughed at Reassuring US Dollar and Economy
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Last time I checked the US dollar is the worlds reserve currency and its value is good right now for US exporters. Afterall the US economy is 15.1 trillion a year with no competition in sight. US economy is 2 1/2 times the size of China, stop believing media bullshit everybody, America runs the show.
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They werent laughing at Geithner. They were laughing at the statement thatthe dollar is actually backed by real goods and services. Basing it on gold is just as ridiculous as basing it on purple mountains majesty and just as meaningful. This country needs to actually produce things people want and not just weapons and economic sorcery like the bullshit financial derivatives.
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thats the only thing that is keeping us afloat, we flooded the world with the u.s. dollar. keep pumping you freakin idiots.
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rated commented supported.....were can i see or here the chinese laughing vid?
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Laughing was the proper psychological response.
Money is simply psychological.
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Little Timmy goes to China. Little Timmy tries to sell merrits of a worthless dollar. Little Timmy returns to China. Little Timmy begs the Chinese for cooperation. Little Timmy is a charlatan.
clearasvodka 1 year ago 5
I wondered why gold shot up yesterday. That laugh heard round the world lol. Even JP Morgan couldnt manipulate the price downward that time. We are soo screwed!!
EMPIRE0FLIES 1 year ago 2