Comments on: Dollar Inflation the Primary Cause of Rising Oil and Commodity Prices – PART 2 http://echochambers.wordpress.com/2008/05/23/dollar-inflation-raises-oil-prices-part-2/ Independent media in the tradition of liberty. Sat, 31 Oct 2009 18:59:45 +0000 http://wordpress.com/ hourly 1 By: Scott Fox http://echochambers.wordpress.com/2008/05/23/dollar-inflation-raises-oil-prices-part-2/#comment-78 Scott Fox Fri, 20 Jun 2008 19:50:58 +0000 http://echochambers.wordpress.com/?p=92#comment-78 Basic indeed, and grossly under-reported in the mainstream <em>and</em> independent media. Much undue attention is given to false reasons: short supply, high demand, peak oil, etc. Know that crude oil prices are not 'adjusted' by 'the Arabs', they are determined at the commodities markets in New York and London, primarily. And 'the Arabs' are far from being the only oil production nations, crude oil is sold by countries around the world. I respectfully add that your distorted and racist viewpoint reflects that of the crafted western media propaganda campaign against Arab and Muslim nations. Basic indeed, and grossly under-reported in the mainstream and independent media. Much undue attention is given to false reasons: short supply, high demand, peak oil, etc.

Know that crude oil prices are not ‘adjusted’ by ‘the Arabs’, they are determined at the commodities markets in New York and London, primarily.

And ‘the Arabs’ are far from being the only oil production nations, crude oil is sold by countries around the world.

I respectfully add that your distorted and racist viewpoint reflects that of the crafted western media propaganda campaign against Arab and Muslim nations.

]]> By: Jeseppi Trade Wildfeather http://echochambers.wordpress.com/2008/05/23/dollar-inflation-raises-oil-prices-part-2/#comment-70 Jeseppi Trade Wildfeather Sat, 07 Jun 2008 19:28:45 +0000 http://echochambers.wordpress.com/?p=92#comment-70 What you are saying is basic economics. The supply and demand actually relates more to the dollar rather than the oil, just as you are saying. There are too many dollars available. The Arabs will naturally adjust their price to reflect the proper exchange rate to maintain their own economic status. Bravo Scott! What you are saying is basic economics. The supply and demand actually relates more to the dollar rather than the oil, just as you are saying. There are too many dollars available. The Arabs will naturally adjust their price to reflect the proper exchange rate to maintain their own economic status. Bravo Scott!

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