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
Yes. They have built up these currency reserves, very strong positions. And we owe it. We owe it.
Discussing foreign currency reserves and U.S. obligations.
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[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.
I think it provides a disturbing insight into how predatory lenders target military personnel.
I think the best way to do it is to have a flexible exchange rate, and that will let the market work even more.