Tuesday, November 13, 2007

Policy and Market

Can we have both at the same time

Asked whether he was satisfied with current exchange rates, Bush replied: "I am satisfied with the fact that we have a strong dollar policy and know that the market ought to be setting the exchange rate."



So we have a strong dollar policy, Bush is satisfied with this, and he knows "that the market ought to be setting the exchange rate."

Does any of this make any sense?