Comments on: Investing in 2008 http://moneyning.com/investing/investing-in-2008/ A personal finance blog where we share insights on carefully saving money, investing, frugal living, coupons, promo codes because the little things matter in achieving financial freedom! Sun, 21 Mar 2010 17:05:29 -0700 http://wordpress.org/?v=2.9.2 hourly 1 By: Fiscal Musings http://moneyning.com/investing/investing-in-2008/comment-page-1/#comment-3773 Fiscal Musings Mon, 24 Dec 2007 18:34:26 +0000 http://moneyning.com/investing/investing-in-2008/#comment-3773 While a lot of this can affect the individual, I don't see it as a huge concern. If you're managing your finances well, the housing slump and oil prices won't be that big of a deal. While a lot of this can affect the individual, I don’t see it as a huge concern. If you’re managing your finances well, the housing slump and oil prices won’t be that big of a deal.

]]> By: simon http://moneyning.com/investing/investing-in-2008/comment-page-1/#comment-3729 simon Fri, 21 Dec 2007 20:18:21 +0000 http://moneyning.com/investing/investing-in-2008/#comment-3729 The US dollar is the world's reserve currency, meaning that everything is priced in US dollars. So when the dollar goes down in value, everything else goes up in price, The falling dollar is also beneficial in that OPEC prices oil in dollars. This means that even though oil almost reached 100$ a barrel within recent weeks, it was still less expensive than it could be if they decided to price oil in euros. Therefore OPEC absorbs the weakness of the dollar in tandem with consumers, thus placing no special burden on Americans. If they were to price oil in another currency, Americans would be hard-hit, www.creditsnote.com The US dollar is the world’s reserve currency, meaning that everything is priced in US dollars. So when the dollar goes down in value, everything else goes up in price,
The falling dollar is also beneficial in that OPEC prices oil in dollars. This means that even though oil almost reached 100$ a barrel within recent weeks, it was still less expensive than it could be if they decided to price oil in euros. Therefore OPEC absorbs the weakness of the dollar in tandem with consumers, thus placing no special burden on Americans. If they were to price oil in another currency, Americans would be hard-hit,

http://www.creditsnote.com

]]>