“Over time, there's a very close correlation between what happens to the dollar and what happens to the price of oil. When the dollar gets week, the price of oil, which, as you know, and other commodities are denominated in dollars, they go up. We saw it in the '70s, when the dollar was savagely weakened.”
Quote by Steve Forbes
Author
Steve Forbes
Steve Forbes is an American publisher, editor-in-chief, and businessman. He serves as the chairman and CEO of Forbes Media, the publisher of Forbes magazine. Born on July 18, 1947, Forbes has been a key figure in the media industry for over four decades, known for his entrepreneurial spirit and leadership in the business world. more