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Our policies have resulted in low inflation and currency stabilization-and these things have benefited companies, too.
CNN: ASIANOW - TIME Asia | Inteview: 'I Agonize Over Suffering North Koreans'
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At the same time, serious consideration should be given to creation of a Contingency Energy Fund (CEF) that could be drawn upon (like the emergency currency stabilization package and food aid being offered by Western nations).
CENTERFORSECURITYPOLICY: Center For Security Policy
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The view of another senior Treasury official, Under Secretary David Mulford, (expressed on the record at the London Economic Summit) to the effect that a currency stabilization fund for the Soviet Union would not be possible for at least 2-3 years -- a period of sufficient duration to permit structural reforms to precede ruble convertibility, will probably go by the boards within 6-9 months.
CENTERFORSECURITYPOLICY: Center For Security Policy