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Bailout

: Macroprudential

Adventures in causality, WSJ edition

By Felix Salmon

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An eagle-eyed reader spotted this pair of headlines on the WSJ home page this morning:

WSJ---06-23.jpg

It seems that the dollar is falling because oil prices are going up, and oil prices are going up because the dollar is falling. Clever!

Full post as published by Macroprudential on June 23, 2009 (boomark / email).

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