From: gerald_a_levy (gerald_a_levy@msn.com)
Date: Sun Mar 23 2003 - 02:44:35 EST
PAUL KRUGMAN offers a short critique of the proposition that the current war is an "oil CURRENCY war" or that the currency used for the payment for oil (Euros vs. Dollars) is a major issue behind the drive to war. Indeed, Krugman claims that -- overall -- the advantage that the US economy gets from the payment for oil with dollars is "small change." His own for why the Bush administration had been pushing for war is far from convincing: "The answer is because. Just because." http://www.wws.princeton.edu/~pkrugman/oildollar.html In solidarity, Jerry
This archive was generated by hypermail 2.1.5 : Sun Mar 30 2003 - 00:00:01 EST