3 ms·

> Inflation is being experienced globally, even in regions with little/no economic ties to the USA. Oil is priced in USD.

• mc32 4y ago
  Most oil, but some oil is now being priced in Rubles (and being source-washed thru India). But the Ruble has been appreciating as well...
• robocat 4y ago
  Oil was a similar price from 2007 to 2013. What is your point?