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And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have.

Of course I've already taken a very modest position on the monetary system, I do take the position that we should just end the Fed.

The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level.

As treasury secretary, I don't see it as my role commenting on the dollar in short-term movements.

I will be the government of increasing economic growth and creating jobs. Take it from me that that's the main issue.

I'm a strong-and-stable-dollar advocate, and the Fed has been moving dangerously away from that mission.

If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth.

The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar.

I will continue to stay very focused on the economy.