View Single Post
      06-15-2011, 06:48 PM   #3
JIM E92
Lieutenant
 
Drives: 2007 328 Coupe
Join Date: Sep 2008
Location: Sandy Eggo

Posts: 412
iTrader: (0)

Yes, there is a correlation. We are in between a rock and hard place. On one hand oil is bought and sold in us dollars. They are pumping up the currency so oil will be cheaper. On the other hand a cheap dollar makes our exports more attractive and conversely less attractive if the price goes up so our corporations suffer. In the long run I think fed will continue to devalue the dollar and inflate our way out of the mess we are in. That's the only way....besides letting things go to total anarchy.
JIM E92 is offline   Reply With Quote