bloodbankbob

Bullish on All Metals

Inflation is demonstrated by two factors; one is an increase in money supply which lowers the value of currency, and the other is a rise in demand whch causes prices to go up. Oil demand is not falling and now food demand and cost has lead to riots and starvation. Pick one or both. The dollars are partly due to the pegging of oil to the dollar. If oil were pegged to some other currency, it may not rise as much in that currency, but would still rise against the weakening dollar.