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by loveistheanswer 1960 days ago
>>including the externalities from the extraction of oil, which implicitly backs the dollar

>This isn't true.

Basic economics and the law of supply and demand says that it is true.

>when demand increases and supply remains the same, the higher demand leads to a higher equilibrium price and vice versa.

https://www.investopedia.com/ask/answers/033115/how-does-law...