Through the Looking Glass on the US Dollar

Then ...

"Why sometimes, I've believed as many as six impossible things before breakfast" -- The Red Queen, Through the Looking Glass.

And now ...

Asked whether he was satisfied with current exchange rates, Bush replied: "I am satisfied with the fact that we have a strong dollar policy and know that the market ought to be setting the exchange rate."

So we have a strong dollar policy, Bush is satisfied with this, and he knows "that the market ought to be setting the exchange rate." Does that even BEGIN to make sense? Tell me, when did we adopt the Chewbacca Defense as official US dollar policy?

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