[OPE-L:8655] The Euro and the Dollar and the War Against Iraq

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


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