Forever Undecided

August 30, 2005

WHEN oil prices soar and the dollar strengthens, the situation becomes serious. But when the government wavers about taking the necessary step, conditions can turn critical. The US dollar exchange rate last week topped Rp10,360 while the price of oil soared beyond US$65 per barrel. Simply urging people to refrain from panicking is not enough. And we certainly cannot rely on the law that says what goes up must come down. In our case, what goes dow

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