Lester

What’s Driving Oil Higher? It’s the Dollar, Stupid!

Why the confusion? Ever higher money-printing WILL result in ever higher prices for anything in demand. Put an icecream addict in charge of the money-machine and icecream will go to the moon too. Then everything else needed to make icecream will follow, milk, sugar, eggs, i.e. other commodities, even refrigerators and power.
Once the wave of demand has swept the whole economy, the media will most likely to blame the commodity producers for high prices, reduced living standards, i.e. INFLATION! Can it get any simpler?