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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (70595)10/29/2007 12:17:47 AM
From: sea_biscuit  Read Replies (1) of 116555
 
If oil is not entirely priced in dollars, then countries like India no longer have to maintain large reserves of dollars, and would rather use them to buy something when the greenback still has some value.

And all those "homecoming" USDs mean one more thing here - inflation.
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