Quote:
Originally Posted by re_guderian
So a 10% decline in the dollar is responsible for a 50% increase in oil?  (Jan to July '08). Why hasn't every other import that trades in $'s gone up 50% then in the last 6 months? This implied cause/effect curve (which I doubt exists to the extent of the recent run-ups we've seen) seems to have dramatically changed it's slope in the last 6 months then, compared to the last several years... I call BS as a major impact on the last 6 month's change in oil price... |
Like rosco said, it's not all of it, but part of it. Since beginning of '06, a 30% slode, since beginning of 04, almost 40% slide. In inflation/stagflation is a bitch. Not gonna be the direct cause, but is don't help much
Quote:
Originally Posted by bull
Fuck it I will burn it as fast as they can make it..
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