In case you feared that Obama or Geithner were about to sell the dollar down the river, the White House makes clear that the dollar is now and ever shall be the world reserve currency. The breadth and strength of the US economy is unmatched, according to Obama’s spokesman.
The President has just landed in London where he will be greeted like a rockstar but his policies will be broadly ignored. Ironically, his predecessor experienced nearly the polar opposite reaction.