Tim Adams
Tim Adams
added data exchange information judgments properly provide rate reach routine
Properly presented, I think the routine publication of data would provide added information to reach fundamental judgments about exchange rate regimes.
along brazil china countries earlier economies including india major potential regard stop toward visited visiting
India is a stop along the way toward visiting all those countries -- including China and Brazil which we visited earlier -- that we regard as having the potential to become the major economies of the 21st century,
continuing deficit national particular path process raising shy
The U.S. has its part to play in this process by raising national saving, and in particular continuing on the path of deficit reduction. The administration does not and will never shy away from this point.
bottom sing tenor
Being a tenor and having to sing at the bottom has been a challenge.
built companies decision factors federal government help included number question seen since
You have to question why we haven't seen one built since 1976. Obviously, it's because companies have made a decision that it's unprofitable. Included in that calculation are probably a number of factors that the federal government could help influence.
believe changing countries full ought path reflects
I believe that we ought to put some of these countries on a glide path to being full participants in the G7, ... We need an institution, the G7, that reflects a changing world economy.
mean produce
But that doesn't mean we can't produce interim reports.
asian countries currency emerging greater practices pursuing
China's currency practices are constraining other emerging Asian countries from pursuing greater flexibility.
far level manage managing market offer open plan serious
So far we're comfortable with the way they've been managing them and the way they plan to manage them in the future. If there were a level (that was too high) I would not want to offer that in an open setting, because it does have serious market ramifications.
effective looking report ways
I'm always looking for ways to make the report more informative, more effective and more interesting.
camden county great match
When things go bad, they go bad, ... We are not very deep, and Camden County has a great program. We did not match up well. They have more speed. That is just about it.
capital flows free job open others promote sober trade treasury understand voice
It's our job at Treasury to be the sober voice of reason, to make others understand why protectionism is an inappropriate approach. Our job here is to promote free trade and capital flows and open markets.
chinese continue expect move period system
They are going through a period of self-education about how the system works. We expect the Chinese to continue to move in the right direction.
days endeavor few influence outcome reports therefore visit
They're working on it. We always endeavor to get our reports out on time. But the president's visit could influence the outcome of that report and therefore it may be a few days late.