Thread: OT: OPEC
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Old April 1st, 2004, 06:18 AM

rextorres rextorres is offline
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Default Re: OT: OPEC

OPEC deals in dollars and because the dollar is so weak and interest rates are too low they need to raise prices to make up for their shortfalls - it's called inflation.

It's a really dangerous situation because these nations also loan us money to fund our deficit spending so you won't see any real pressure exerted just like you won't see any thing done about outsourcing. That's part of the reason why deficits are so bad.
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