Quote:
Originally Posted by scho63
You need an economics lesson my friend. You are 100% WRONG and have it completely backwards. Oil is traded in DOLLARS and the stronger the dollar, lower oil goes. Our dollar is NOT based on oil.
Second, there will be about a 80:1 ratio of people who benefit versus people who get hurt by lower oil prices.
US citizens are getting a gigantic tax cut to the tune of billions of extra money to go into GDP growth.
Hope that helps you a little
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I agree with this completely.