Over time, there's a very close correlation between what happens to the dollar and what happens to the price of oil. When the dollar gets week, the price of oil, which, as you know, and other commodities are denominated in dollars, they go up. We saw it in the '70s, when the dollar was savagely weak
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Nationality: American Type: Businessman Born: July 18, 1947 |
“I first came to think about media and politics in the late 1960s, having observed some distortions up close, but since then I wouldn't say that my personal experience has remained an important motive for my writing about media.”
“If I were to live my life over again, I would be an American. I would steep myself in America, I would know no other land.”