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 |
“But most Canadians have recognized to a greater or lesser extent that despite much of the so-called progress of the affluent society, essential ingredients to a meaningful life seem to be either entirely lacking, or at best, difficult to grasp.”