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I know that this isn't relevant to the thrust of this diary, but to what extent has the rise in oil prices been the result of the dollar's deflation ?

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Jul 12th, 2007 at 12:16:08 PM EST
Exactly my point. Dollars are priced in Oil.

"Any economic unit can emit money. The serious problem is to get it accepted" Hyman Minsky
by ChrisCook (cojockathotmaildotcom) on Thu Jul 12th, 2007 at 01:59:13 PM EST
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