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A comment on Why the Oil Price and the US Dollar Are Negatively Correlated.

Re:Why the Oil Price and the US Dollar Are Negatively Correl... by known on Tuesday November 24, 2015 @11:02AM (#10621457)
Americans can PRINT dollars to buy OPEC Oil;

Rest have to EARN dollars to buy OPEC Oil;

https://en.wikipedia.org/wiki/Petrocurrency#Currencies_used_...

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Re:Why the Oil Price and the US Dollar Are Negatively Correl... by zeofig on Tuesday November 24, 2015 @08:32PM (#10624855)
I agree. The concept of petrodollars explains everything in the OP and more.
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