There Is No Optimal Policy (guest: Cameron Crise)
The Market Huddle
00:00
What Is the Difference Between Oil and the Dollar?
The usa. trade balance in petroleum goods was a deficit of 30 plus billion dollars a month 15 years ago. Now it is the case that the us. Is running a enormous a trade deficit. A lot of the world's oil exporters and producers are essentially pegs to the dollar, so they are essentially in the dollar block.
Play episode from 17:30
Transcript
