On the recordSeptember 15, 2010
I think we should countervail with currency intervention of a like magnitude.
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congress.govI think we should countervail with currency intervention of a like magnitude.
Dodd advocates for countervailing currency intervention against other countries.
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In fact, it was the uncertainty inherent in a nontransparent and reckless financial system that made Dodd-Frank necessary in the first place.
President Clinton, to his eternal credit in my view, just does not quit on this issue.
Maybe we ought to be spending a little more time looking at the relationships at that level.