How Oil and Gas Prices Fare in Dollar vs. Euro Terms [View article]
This proves that the recent price surge is not becasue of supply and demand. Demand only rose 1 percent this year got the price ofreally being dictated by the devaluation of the dollar. The devaluation of the dollar is direclty related to the Fed's decision to keep interest rates too low and Bush's policy of flooding the world with war dollars and unbridled spending. Inflation has not been going up mainly becasue China is holding retail prices low but the fed is ignoring commodiites in the infalation forecast. Who gives a shit if they can by a cheap dvd player when they cannot afford cornflakes? Those days are here.... Save the dollar!
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Latest | Highest ratedHow Oil and Gas Prices Fare in Dollar vs. Euro Terms [View article]