
Originally Posted by
bigt10
Of course america consums over half of the worlds gasoline.
I laugh at these goofs that complain about the price going up during a hurricane.
You guys should be crying about whats going on.
The treasury know is hanging out free money to the FDIC, Fannie, Freddie and you can be sure bernanke is injecting some Trenbolone paper into the Money supply.
Inflation is the real reason the price of gas keeps rising and it wont go down. Sure theyre might have been a small bubble but in the long term everything is going to go down.
Watch out when other countries start selling Oil in euros. Thats when the Neocons bring out the big guns in an attempt to bring democracy to these nations for such a horrific act.
You can fool some of the people some of the time. The fact also that the dollar has risen up and gold has fallen is crazy. There is really nothing that should have signalled this. In the end the likely thing will be massive socialization and inflation.
Bottom line is the increase of the money supply that is really causing the increase of the price of oil. And with when Henry Paulson Seems to be firing his bazooka everywhere watch out.
When he bails out fannie, fredddie, and give the FDIC money he isnt hurting the tax payers. Anyone holding dollars loses. And the price of everything rises. SO next time bernanke and paulson fire of their bazooka's its heading straight for your savings by destroying the purchasing power of your dollars and raising the price of everything at the same time.
Mark my words a business that is a failure needs to be wiped out and its resources better sent off for something else. By the treasury and the federal reserve saying they support a failing business by paying it or injecting it with inflation will hurt everyone.