Before we go into a discussion on that, let me note that I have recently had conversations with the Secretary of the Treasury in which he reiterated the Treasury’s position with regard to foreign currency intervention. It is about as close to ours as you can get. The general view at Treasury is that the history of intervention shows clearly that it has not been effective. And except under extraordinary circumstances, which would be less economic and perhaps more political in an international sense, there is no inclination on their part to do any intervention.