Re:Why the Oil Price and the US Dollar Are Negatively Correl...
by anaolykarpov on Tuesday November 24, 2015 @05:13AM
(#10620008)
Yeah, but the rest of the countries will afford less of what you produce, so the demand for your products will decrease.
That's why China kept its currency artificially low for several years - to be able to sell more of its products to the rest of the world.
[ Parent
| on HN ]
Re:Why the Oil Price and the US Dollar Are Negatively Correl...
by moonchrome on Tuesday November 24, 2015 @06:15AM
(#10620158)
>Yeah, but the rest of the countries will afford less of what you produce, so the demand for your products will decrease.
Except for financial products that generate returns USD.