The price of oil is down

September 30th, 2008

The U.S. dollar is up.

Maybe we should have financial crises more often? ;)

Entry Filed under: Observations

1 Comment Add your own

  • 1. Jason  |  September 30th, 2008 at 1:35 pm

    The understanding that those two entities are forever linked in that teeter-totter way doesn’t surpass you I would assume? As the price of oil goes down, the price of the dollar WILL go up, and vice-virsa.

    Which isn’t really a good thing. It is a false inflation of the dollar and deflation of oil. Truly caused by what in the long run will be loss of demand on oil which will cause price to drop.

    I enjoy your posts and look forward to reading your continued opinions in the future.

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