Surveillance: Oil Feedback Loop with Currie
Bloomberg Surveillance
00:00
Do You Throw General Equilibrium Study of Oil Out the Window?
The dollar matters, doesn't it? Absolute? It's why we title the piece of dollar dominance. Deflation sets in an dollar denominated assets. That deflation then increases real us. Incomes, which then puts more upward pressure on interust rates. And so it's a virie negative feetback lue take us to supply and t demand then.
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