Dollar vs. Euro vs. Oil

December 18, 2008

I’m interested in the value of the dollar lately and how that relates to energy costs. I have believed that oil prices are incredibly difficult to predict and explain, but that currency values might be the greatest contributor to the price fluctuation we’ve seen in the past few years. This link explains the latest news:

Dollar falls sharply in wake of Fed move

It has been hard to ignore the fact that the recently oil prices have been so closely related to the value of the dollar. The article shows a series of very informative graphs to illustrate that point and then discusses today’s marked drops in the stock market, the value of the dollar, and (oddly) oil.

I would be careful, however, in making statements such as, “that relationship is now completely over.”


Clinton: My Life

December 5, 2008

I’ve been reading Bill Clinton’s My Life recently. I’m at the point of his congressional loss in 1974.

I was hoping for one thing, though. I was interested to hear his philosophical attraction to his political ideology — how did he come to believe what he does? He explains many of his thoughts on inter-personal relationships, interestingly — but his political association seems to be assumed. He expresses some admiration for John F. Kennedy and mentions working on Democratic campaigns and on Capitol Hill, yet there is hardly any precurse to explain why this is.

I could go on about why I think these are important; perhaps I will some other time.

Also in the perhaps category: something along these lines may come up later in the book.

Also reading: Kerouac: Big Sur