Monday, July 30, 2012

Why is Geithner in Germany?

Treasury Secretary Geithner left Sunday for Germany for meetings today with senior government officials to discuss the U.S., European and global economies.

Monday afternoon, the Secretary will meet with German Finance Minister Wolfgang Schauble in Sylt, Germany.

Later, Secretary Geithner will depart Sylt for Frankfurt, Germany.

In the evening, the Secretary will meet with European Central Bank (ECB) President Mario Draghi in Frankfurt.

Is Geithner delivering the message that it is time to take the inflation route to save the ECB and start printing?

Watch the ECB money supply, not what they say.


  1. I would be interested in your thoughts on the possibility that the Fed will beginning buying Big EZ sovereign debt to help bring down interest rates in Spain and Italy.

  2. ...because they OWN HIS ASS!!!