SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Crimson Ghost who wrote (35661)6/12/2008 5:11:08 AM
From: elmatador  Read Replies (1) | Respond to of 217580
 
"two biggest factors in oil’s high price are the weakness in the US dollar’s exchange value and the liquidity that the Federal Reserve is pumping out."

Basic. Very basic. And I have been saying that here all along. Only Elroy don;t believe it.

USD is a liability. Must be extirpated as pricing gauge. Period.

As klaser said: US playing game of chicken. Either the rest of the world solve the problem of the USD or the rest of the world will suffer hyper inflation.

It is still the same what Connolly said: "Our currency. Your problem."

Only now BRICs are not France, UK and Germany. Then -1971- they didn't have the scale to confront. Today is a different story.
Need to be confronted and extirpated for the overall good of thre world economy and to lift people out of poverty.