Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Geithner continues strong dollar fiction nobody believes

Treasury Secretary Tim Geithner continued the fiction that the US has a strong dollar policy.

This is the same guy who's been pushing China to appreciate the renminbi.  

The US hasnt had a strong dollar policy for over a decade.  Nobody managing cash professionally has believed this fiction for years - why is Geithner continuing this line?

Multiple nations have been trying to devalue their way into economic growth - last year the G20 finance ministers pretended they weren't doing this and wouldn't start, although credit Germany and Japan for not playing along with the charade.

The game hasn't changed in some time - competitive currency devaluation all the while claiming strong currency policies and badgering the other countries (China) to appreciate their currency.

Does Treasury Secretary Time Geithner believe he has credibility?