Linked is a transcript of Geithner’s comments on the Chinese proposal for an SDR-linked currency. Condensed into a headline, it came across more strongly when truncated into a headline than it did in context, but he still should have been much more careful in waxing poetic on the fate of the dollar. Expect him to stick very closely to the script from here on out.
Steve Liesman on CNBC also muddied the waters by showing Geithner making the second remark but not the first…