Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: LukeL
Oil is down $2.54, that is about a 5% drop.

Obviously the Greek exit is seen as deflationary. Stock markets and oil and gold/silver deflate. By proxy the USD increases in value relative to everything else. Behold the Obama/Fderale Reserve SUPER DOLLAR!

14 posted on 07/06/2015 4:07:16 AM PDT by dennisw (The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
[ Post Reply | Private Reply | To 6 | View Replies ]


To: dennisw

I agree. This just means the Fed can continue to crank the printing presses indefinitely.


30 posted on 07/06/2015 6:02:54 AM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 14 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson