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Yes, I've read many of those studies.  I don't think those studies say what you think they say.  But that's not the issue at hand anyway.  

You stated the picture was worth a thousand words, and that there was a perfect correlation between QE programs and oil prices -- implying that it was obvious.  I said it was not, as anything with functioning eyes should see if they actually look at it.  I then asked for statistical evidence.  You didn't provide any.

This is just gibberish, Chris.

Be nice to America. Or we'll bring democracy to your country.

by Drew J Jones (pedobear@pennstatefootball.com) on Tue Jan 13th, 2015 at 06:37:47 PM EST
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Where do statistics even come into this?

I am referring to QE programmes: not to the flow of QE within those programmes.

If you think I am saying that oil prices react to every variation in the flow of QE then you are under a misapprehension.

I'm sorry, but you are the only person I have come across to date who cannot see - just by looking at the chart - that when QE programmes begin or soon after, the oil price rises, and when the programme ends - or just before, then prices fall.

But each to his own.

"The future is already here -- it's just not very evenly distributed" William Gibson

by ChrisCook (cojockathotmaildotcom) on Tue Jan 13th, 2015 at 08:11:39 PM EST
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