Friday, May 23, 2008

Exactly!

I have been screeching (with no one listening, apparently) about how the collapsing dollar is at the root of many of our current economic problems, the cost of oil among them. Finally, it appears as though others are starting to pick up on this idea: http://online.wsj.com/article/SB121150088368615927.html?mod=djemEditorialPage.

When you think about it, it really doesn't take a genius to figure this out. As the dollar drops in vallue, it takes more of them to buy things. Pretty elementary, if you ask me. So, why isn't Barack Obama talking about this? Why isn't Hillary Clinton? Why isn't John McCain?

1 comment:

serket said...

I'm sure there are better ways of raising the dollar's value without demanding it reach a specific level.