The us dollar is only correlated with oil.
Since oil is sold in us dollars, that gives the federal reserve the ability to print money without devaluing the currency as much as it should. After all, you need to buy us dollars if you wanna buy oil. It's amazing what happens to dictators we have tolerated and supported and financed for years, if they want to sell oil in another currency
The us dollar is only correlated with oil.
Since oil is sold in us dollars, that gives the federal reserve the ability to print money without devaluing the currency as much as it should. After all, you need to buy us dollars if you wanna buy oil. It's amazing what happens to dictators we have tolerated and supported and financed for years, if they want to sell oil in another currency
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