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Timothy Geithner

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

September 27, 2009 · 0 comments

in Timothy Geithner, UN, US dollar, 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, US dollar, 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 · 0 comments

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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