Alert icon
We're changing our privacy policy. This stuff matters.  Learn more  Dismiss

118. Determining the Fate of the US Dollar Part II

Loading...

Sign in or sign up now!
Alert icon
Upgrade to the latest Flash Player for improved playback performance. Upgrade now or more info.
6,762
Loading...
Alert icon
Sign in or sign up now!
Alert icon

Uploaded by on Jun 4, 2008

http://www.informedtrades.com

A look at currency pegs, what they are, and how they affect the value of the US dollar.

Category:

Education

Tags:

License:

Standard YouTube License

  • likes, 0 dislikes

Link to this comment:

Share to:

Uploader Comments (InformedTrades)

  • Hi Joshrain1, Thanks for the comment. I agree that this is an issue as well but even if oil was sold in something other than USD the Saudi's would still have to deal with the fact that they have pegged their currency (which should be strengthening due to demand for oil) to the US Dollar which is weakening. I think most would agree that this would bring about inflation regardless of whether oil was priced in USD or not. Best Regards, Dave

see all

All Comments (2)

Sign In or Sign Up now to post a comment!
  • oil is priced in usd. so if oil goes up it means saudi has more usd reserves. because sar is pegged to the usd when saudis need sar they sell usd to get sar as a result there is too many sar's floating around due to the peg to usd causing inflation in saudi. its not so much of sar depegging but oil being depegged. no wonder the US doesn't like iran/venenzuela/russia.

Loading...

Alert icon
0 / 00Unsaved Playlist Return to active list
    1. Your queue is empty. Add videos to your queue using this button:
      or sign in to load a different list.
    Loading...Loading...Saving...
    • Clear all videos from this list
    • Learn more