U.S. Trade Gap Widens on Oil Imports
May 12, 2009 at 14:11 PM EDT
[Skip to the end] (email exchange) > > On Tue, May 12, 2009 at 9:20 AM, wrote: > As you predicted…. > You mean as I feared! Higher oil = dollars easier to get overseas = weak dollar all else equal (which it never is, of course) Higher crude = higher headline CPI = higher government and private CPI adjusted payments And I suspect higher fuel [...]