Well you are missing one key point oil is an import. As we see there are run away prices right now. Some say prices will go over $4.00 a gallon (some places they are already). That will cause the price of shipping within the US to go up, which causes whole sale prices to go up (last month wholesale prices had historically high inflation rates) then by default that will cause retail prices to inflate.
But you are right weak dollar is good if your job is on the internets.
Quote:
Originally Posted by fluffygrrl
The fed has every cause in the world to lower the usd :
All outstanding treasury debt is denominated in USD.
All federal reserves (bullion, strategic commodity reserves, foreign bills and securities) are NOT denominated in the USD
A weaker dollar will hurt imports.
A weaker dollar will boost exports.
Weaker dollar = goodness x4.
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