not at all
since everybody can comment and some people like this Martinghoul know nothing
Gasoline Prices Are Not Rising, the Dollar Is Falling
- Thread starter DollarBondsCL
- Start date
not at all
since everybody can comment and some people like this Martinghoul know nothing
I will take this as a compliment... Grazie!
If that is so
Then why isn't he informed enough to see relationship between dollar devaluation and skyrocketing oil prices.
He didn't even write down his view point, he only said "oh no not this again" like some mall teenager.
Is Martinghoul the best this site can offer?
Why didn't he at least make a pathetic attempt to blame China and India for driving up demand thus prices as the sole reason.
He didn't even try arguing. Perhaps because he knows he will be slaughtered here in public.
Made fool of.
Don't be a muppet, DBCL...
Look at the attached chart (DXY vs the 1st Brent contract). Do you see any particular relationship? Do you observe that this year DXY has gone down arnd 1.25%, while Brent moved the other way by roughly 11.5%? If you do a linear regression between the two (using changes, levels or whatever), you will observe a very low R^2.
Is there anything else I can help you with?
Look at the attached chart (DXY vs the 1st Brent contract). Do you see any particular relationship? Do you observe that this year DXY has gone down arnd 1.25%, while Brent moved the other way by roughly 11.5%? If you do a linear regression between the two (using changes, levels or whatever), you will observe a very low R^2.
Is there anything else I can help you with?
Yes, DXY is a measure of USD vs a basket of other ccies. I don't really know how to measure USD in a way that wouldn't be relative to something else and, as such, potentially distorted. In which case what does "dollar devaluation" actually mean? At any rate, if you can suggest alternatives, pls do.
while I don't always agree with martinghoul's reasoning to say that he knows nothing is prima facie nonsense. he made an initial meaningless post on this thread. you extrapolated from 1 post which is an obvious error in logic. unfortunately, since you claim to be a princeton graduate one should ask are princeton's student deficient in logic. to ask that?would make me commit the same error as you.
