I believe what we have here is a Freudian slip. It seems as if the administration official is meaning to say they are going to cause the value of the dollar to drop in relationship to other currencies so that our products will be cheaper than theirs, but instead let the cat out of the bag that there is a plan underway to collapse the dollar and thus American economy.
This is from The Financial Armageddon website:
Investor Kyle Bass discloses his discussion with a senior Obama admin about how this economic crisis is going to play out. The answer is to export our way out of this mess by making our exports cheaper by destroying the dollar in a global game of currency devaluation. This simply means that they are going to print more and more dollars until all of your purchasing power is destroyed and you will need more and more dollars to buy the same amount of goods. (ie. Massive Inflation.)
The only way to protect yourself is to get out of ALL paper assets and into real tangible assets and nothing shines brighter than silver.
From Doug Hagmann of Canada Free Press comes a chilling account of what's in store for us if we continue to ignore the bare-faced warnings of the central power base.. Here: http://canadafreepress.com/index.php/... Some might be surprised to learn that the fate of America's economy has already been determined, verified and announced by the Obama White House. Yet, it has received scant attention from the corporate media. In 2011, economist Kyle Bass interviewed a senior member of the Obama administration about its planned solutions for fixing the US economy and trade deficit[ia]. Among the questions he asked was about U.S. exports and wages, but the question itself was not nearly as important as the response he received from this senior administration official. In fact, this single, seven word response clarifies everything, explains everything, and leaves little else to discuss: "We're just going to kill the dollar."