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To: Attention Surplus Disorder

—”A weak ruble probably benefits Russia, and if Putin wants to sell oil, he can sell it in dollars.”

Long ago I heard Milton Friedman answer this question in the blink of an eye.

He said if that were true, ‘The highest inflation countries; would be the leading exporters’.
The students found that humorous.


9 posted on 04/05/2023 8:14:41 AM PDT by DUMBGRUNT ( "The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last messa)
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To: DUMBGRUNT

Without trying to advocate for one position or another, The pundits usually claim that a weak dollar helps our exports. Maybe they are talking about sheer tonnage, or quantities, rather than the value of the currency received.


11 posted on 04/05/2023 8:37:32 AM PDT by Attention Surplus Disorder (Apoplectic is where we want them)
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