Is Geithner Anti-Dollar?

It's hard to know how seriously to take a treasury secretary's comments on the state of the U.S. dollar. A few years ago, when the dollar was worth about as much as a Lindsey Lohan sobriety pledge, Henry Paulson used to go around all the time saying that a strong dollar was the cornerstone of U.S. economic policy, and it was hard to keep from laughing in his face. Independently of each other, Barry Ritholtz once imagined Paulson's nose growing an inch every time he said it, and Paul Kedrosky suggested  that Paulson's comments on the strong dollar would make a fun drinking game: "When Paulson says 'A strong dollar is in our nation's interests (ASDIIONI)', chug the drink." So I suppose one should take Timothy Geithner's comments at this morning's Council on Foreign Relations speech as provisional. If only the currency markets had that privilege. When Geithner was asked about the Chinese statement earlier this week that the world should consider a new currency not tied to any particular country, ... (link)