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Bernanke and Geithner at G-7 Finaance minister meeting in Rome 2/15/09

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  • Tue, Feb 17, 2009 - 03:26pm

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    joe cissell

    joe cissell

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    Bernanke and Geithner at G-7 Finaance minister meeting in Rome 2/15/09

Ben Bernanke the Chairman of the Federal Reserve and Timothy Geithner the
US Treasury Secretary were in Rome in front of the G-7 Finance Ministers on
February 14Th ( Happy Valentine’s Day folks). The quote from the Finance
Minster from France was as follows:

“On paper it looks great and the principles are certainly very good,”
said French Finance Minister Christine Lagarde. “The essential thing is
now to implement it.”

What "paper" is she talking about? To my knowledge, not a single
American taxpayer has seen this so call "paper." Are they talking about a
"World Currency" or all the G-7 Finance Ministers willingly buying into
the monetization of their currencies?

Anyone wiling to give their take on this meeting and the comments of the finanace
ministers.

Joe Cissell

Click the Bloomberg for entire article 2/15/2009 link below:

http://www.bloomberg.com/apps/news?pid=2

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