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Are You Sure That Your Capital Plans Can Survive Recession?
The price of oil in the us. Has obviously gone up quite considerably, it's actually much higher for countries that are not gong to peg to the dollar,. So thath actually the dollar effect, tho 18 dollar appreciation, has actually increased even more in a number of developed and developing countries. The other part that iwa just highlight is, yes, maybe the fed tightening at the margin leads to lower inflation and lower prices through some sort of demand channels but it is going to cram the supply side to in the process.