@NickSzabo4 Wow. So that's really currency instability, not oil supply instability?
Volatility in oil prices. Compare Bretton Woods (1947-1970) vs. floating rate (1970-present) eras:pic.twitter.com/FT71Ojoxxk
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@naval Yes but not just the obvious connection to prices in dollars: also less obvious monetary phenom as well.
End of conversation
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@NickSzabo4@naval globalisation, interdependencies between countries, currencies, cross-border knowledge sharing via the internetThanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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