The high price of oil is deflating, reducing demand (purchasing power), of the US economy. The result is a weakening dollar.
The option being offered to strengthen the dollar is raising the interest rate to reduce the demand for oil.
The option "commands" deflation of the economy. Not applying the option "commands" deflation of the economy.
I do believe deflation of the economy is in command.
Deflation is being offered as the only option. The other remedy, overwhelmed with the current evidence it does not work, and its advocacy making the advocate look like an absolute fool, is to "make the the tax cuts permanent and reduce government spending" as per John McCain and the neo-conservative coalition in power.
The trickle-down economic policy that causes a weak dollar with slow-to-no-growth and increases the demand for government--the problem--is otherwise being offered as the solution.
The effect, the weak dollar, is being attributed as the cause. It is a fundamental fraud.
It is a deliberate politics of deprivation.
It is fundamentally immoral.
It is the problem. Not the solution.
Advocates of commanding deflation need to be denied access to power.
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