The USD has alot of credit in the currency safe haven Bank (via it status as a reserver currency) and the FED Reserve recognize this and also accept in these difficult times it is necessary to sail close to the wind in order to avoid an economic meltdown.
It is an unenviable position that many of these guys inherited from the their predecessors but what can they do. Society is much less accepting of hardship imposed by government economic crackdowns.
If you lived in UK in the early 80's and experienced Thatcherism at first hand you would remember the inner cities burned on many Saturday nights as unemployment wrecked the lives of the least affluent.
The current economic debacle risks the livestyles of people across a much wider spectrum of the economy. Governments recognize this and know also that the repercussions will stretch beyond the ballot box.
I wish Geithner well but feel that he is damned whatever he does.
We live in interesting times.
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