From the category archives:

Timothy Geithner

Treasury Scrambling Ahead of Debt Ceiling Limit

May 4, 2011

in Timothy Geithner, US Treasury, US debt, USD, central banks, debt, financing, forecasts, money management, money supply, sovereign debt, special dates

The U.S. Treasury still expects it will hit its debt ceiling limit on May 16.  This week, Congress continues to debate the terms of any potential increase in the debt ceiling, while Geithner has taken action to initiate emergency measures by Friday in order to maintain current government spending levels below the debt ceiling.
These emergency [...]

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Wall Street Fraud & Moral Corruption Runs Deep

October 18, 2010 · 5 comments

in CEO pay, Federal Reserve, Timothy Geithner, US Treasury, US economy, bailout, banks, brokers, bubble, central banks, collapse, ethics, executive compensation, films, financial education, government, leadership, money lessons, regulation, reviews, risk, wealth transfer

Review of The Inside Job by Charles Ferguson (2010).
Despite the fact that it’s a trite truism that Wall Street is fueled by greed and “greed makes the world – or at least the markets – go round,” it’s merely the tip of the iceberg of moral depravity and social corruption that has been exposed on [...]

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Caution Urged on US Dollar Reserve Currency Status By World Bank President

September 27, 2009

in Timothy Geithner, UN, USD, World Bank, news and updates, world order, world reserve currency

The US dollar has served in the role of world reserve currency since 1944, but there is nothing intrinsic about the US dollar which requires that it – and not some other, new currency – continue to fulfill that function.  If anything, the long-term secular decline in the greenback since 2001, coupled with much more [...]

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Will Hyperinflation Hit Canada?

March 26, 2009 · 5 comments

in Canadian, Timothy Geithner, USD, hyperinflation

Some readers have been asking about the prospect that a US-led hyperinflation would extend into Canada.  The short answer is that it depends on how much of an economic bully the US administration is going to be to its trading partners.  Unfortunately, Canada’s export trade is not very well diversified.  We rely too much on [...]

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Timothy Geithner Reveals Personal Finances

January 27, 2009

in Hank Paulson, Timothy Geithner

As it turns out, he’s just barely a millionaire (unlike ol’ Hank Paulson, who has over $700 million), and… he’s a big mutual fund investor!  Can you believe it?  You’d think he’d know better than that.  Some of his funds only have $1000 in them, some go up to $100,000.  On top of that, he [...]

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