TheRealMafoo said:
Your right. The value of the most powerful world is set by the price of oil. It couldn't possibly be the other way around. I bet you can find me a chart that shows increased deaths from lung cancer causes increase in the number of people smoking too. |
Well, technically both of us are right, because both end up contributing to the other. Fears about the U.S. dollar (which have been there for at least a decade, its not just a recent phenomenon) tend to raise the price of oil while speculators on the oil market who think they can make a quick buck tend to cause the dollar to depreciate.
When people think demand for oil will go up, it usually affects the dollar adversely. When people think the dollar is doing poorly, the price of oil tends to go up. So ironically economic recovery typically means higher oil prices even if people aren't so worried about the dollar.
We had two bags of grass, seventy-five pellets of mescaline, five sheets of high-powered blotter acid, a salt shaker half full of cocaine, a whole galaxy of multi-colored uppers, downers, screamers, laughers…Also a quart of tequila, a quart of rum, a case of beer, a pint of raw ether and two dozen amyls. The only thing that really worried me was the ether. There is nothing in the world more helpless and irresponsible and depraved than a man in the depths of an ether binge. –Raoul Duke
It is hard to shed anything but crocodile tears over White House speechwriter Patrick Buchanan's tragic analysis of the Nixon debacle. "It's like Sisyphus," he said. "We rolled the rock all the way up the mountain...and it rolled right back down on us...." Neither Sisyphus nor the commander of the Light Brigade nor Pat Buchanan had the time or any real inclination to question what they were doing...a martyr, to the bitter end, to a "flawed" cause and a narrow, atavistic concept of conservative politics that has done more damage to itself and the country in less than six years than its liberal enemies could have done in two or three decades. -Hunter S. Thompson









