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Over time, there's a very close correlation between what happens to the dollar and what happens to the price of oil. When the dollar gets week, the price of oil, which, as you know, and other commodities are denominated in dollars, they go up. We saw it in the '70s, when the dollar was savagely weakened.

Steve Forbes

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Steve Forbes
Age: 77
Born: 1947
Born: July 18
Businessperson
Editor-In-Chief
Film Editor
Journalist
Politician
Publisher
Morristown
NJ
Malcolm Stevenson Forbes Jr.
Price
Denominated
Dollars
Savagely
Saws
Commodities
Close
Weakened
Gets
Correlation
Week
Commodity
Happens
Dollar
Time
Oil

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The Declaration of Independence, the words that launched our nation -- 1,300 words. The Bible, the word of God -- 773,000 words. The Tax Code, the words of politicians -- 7,000,000 words -- and growing!
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