View Single Post
      06-15-2011, 07:48 PM   #3
JIM E92
Lieutenant
6
Rep
411
Posts

Drives: 2007 328 Coupe
Join Date: Sep 2008
Location: Sandy Eggo

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.