tag:blogger.com,1999:blog-24699713.post215902297653319488..comments2023-04-15T06:30:45.256-05:00Comments on What I Think: MalaiseUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-24699713.post-18207251553429061782010-10-10T20:58:25.598-05:002010-10-10T20:58:25.598-05:00I'm not sure what you mean. If you're sayi...I'm not sure what you mean. If you're saying that oil-producing nations might insist on payment in currencies besides dollars, then I'm not sure how big a deal that would be. I think it would just mean that a stockpile of dollars that are used to facilitate oil transactions would be freed up to push up dollar-prices elsewhere, but it probably wouldn't be that big of an effect by itself.<br /><br />On the other hand, if you are saying that people around the world would stop using dollars as the reserve currency, and instead would switch to a unit of account based on barrels of oil, then that would be a big deal.Bob Murphyhttps://www.blogger.com/profile/04001108408649311528noreply@blogger.comtag:blogger.com,1999:blog-24699713.post-17481087611198666972010-10-07T23:08:59.766-05:002010-10-07T23:08:59.766-05:00This should fire you up. This is an old clip about...This should fire you up. This is an old clip about a transaction tax added to any transactions with a financial institution. The reasoning is just precious. <br /><br />http://www.realclearpolitics.com/video/2009/12/03/pelosi_transaction_tax_has_great_deal_of_merit.html<br /><br />I think this will get a rant out of you.bryan battagliahttps://www.blogger.com/profile/01195145851269463257noreply@blogger.comtag:blogger.com,1999:blog-24699713.post-79946943008592954412010-10-07T22:00:49.478-05:002010-10-07T22:00:49.478-05:00Frictions? Are you wearing tight corduroys?Frictions? Are you wearing tight corduroys?BARnoreply@blogger.com