Political Quotes

Paul S. Sarbanes: Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.

On the recordMay 19, 2004
Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.
Said by
Paul S. Sarbanes
Source
congress.gov
May 19, 2004

Editor's note · Context

Discussing foreign currency reserves and U.S. obligations.

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More from Paul S. Sarbanes

Apr 5, 2011

[a]ll hearings under this section shall be public, unless otherwise ordered by the Board on its own motion or after considering the motion of a party.

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Sep 14, 2006

I think it provides a disturbing insight into how predatory lenders target military personnel.

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May 19, 2004

I think the best way to do it is to have a flexible exchange rate, and that will let the market work even more.

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May 19, 2004

If it shows that we are strong, why are you telling them not to do it?

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