[lbo-talk] get ready for Pres Clinton - again!

Doug Henwood dhenwood at panix.com
Mon Nov 5 10:32:33 PST 2007


On Nov 5, 2007, at 1:08 PM, Robert Wrubel wrote:


> What about the other oil motive -- the desire to keep
> oil transactions in dollars?

I'm afraid the military solution won't work in that case. If there's much more dollar depreciation the magic of the marketplace will render that obsolete.

Doug



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