Wednesday, February 16, 2011

Devaluation is No Elixir

Devaluing the U.S. dollar may improve the trade balance with Asia, and bring back jobs in manufacturing. But in a country as dependent on cheap oil as the U.S., the tradeoffs will be steep in terms of transportation and food prices.

1'From Japan: An Interesting Comment On US Economic Planning, the Dollar, and Peak Cheap Oil' - Jesse Cafe


Anonymous said...

Dear Blended Purple,

My name is Barbara O’Brien and I am a political blogger. Just had a question about your blog and couldn’t find an email—please get back to me as soon as you can (barbaraobrien(at)


Purple said...

I'm anonymous for a reason.