The Petro-Dollar Recycling Machine Has Been Turned Back On
(This guest post originally appeared on the a uthor’s blog ) Generally we think of the Federal Reserve as being very queasy, in an old school sort of way, about rising oil prices. But at a time of collapsed trade flows and the attendant reduction in Dollar reserve building, might the FED secretly welcome an advance in the price of oil? Readers of this site know that in a number of posts this year I’ve laid out the case that recession is bullish for sovereign debt, but collapse is not . In ad
Overall, some great money management tips in this blog posting.
