Leading economist John McCain has 'Eureka' moment - U2 Feedback

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Old 06-12-2008, 04:27 PM   #1
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Leading economist John McCain has 'Eureka' moment

McCain says "we have to talk up the dollar" - Forbes.com

NASHUA, N.H. (Reuters) - Republican presidential candidate John McCain said Thursday it was important to "talk up" the U.S. dollar and short-term steps were needed to strengthen its value.

McCain, the Arizona senator who has wrapped up his party's White House nomination, also repeated his praise for what he interpreted as steps by Federal Reserve Chairman Ben Bernanke to boost the value of the struggling U.S. currency.

"We have to talk up the dollar, obviously, and I'm glad that Bernanke did the other day, and do (need to) take certain short-term steps to try and strengthen the dollar," McCain told a town hall-style campaign event in New Hampshire.

Wow. Why didn't they think of that before?

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Old 06-12-2008, 04:36 PM   #2
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He is a real genius.

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Old 06-12-2008, 04:52 PM   #3
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I guess it's not so much him saying that they should talk up the dollar but that Ben Bernanke had done just this

according to my colleagues in Treasury Bernanke's speech will indeed result in a short term strengthening of the dollar

but yeah, it is an obvious statement
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