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Home🌌Off Topics🌌Off Topics News & Politics › Obama in 2008 Says $3.50 for Gas is Too High
02-27-2012 11:47 PM  9 years ago
Metalizer

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Canton, Ohio

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02-27-2012 11:53 PM  9 years ago
Metalizer

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Canton, Ohio

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OK I'm done. Best for last.
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02-28-2012 12:17 AM  9 years ago
Metalizer

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Because the dollar is currently a floating, undefined, fiat currency, there is no inherent limit to how far the price of gold in dollars can rise, and therefore no ultimate ceiling on gasoline prices.

If gas, (inflation) keeps its current fast pace increases, there will be another big market crash. 2008 will look tiny in comparison and I can't see how there will be another huge bailout.
World Bank to the rescue
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02-28-2012 12:26 AM  9 years ago
Havoc

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Ky.

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Food prices go up because of fuel costs to get food to market.
Yes that can be the case. But you need to factor in that there is a difference between how many dollars it takes to buy something and the actual value of that something. If the value isn't changing yet the number of dollars it takes to purchase them is increasing, then that is inflation. It's not 'official' yet because those two items aren't factored in to the reported inflation rate. Metalizer is right without using as many words and read the Forbes article he linked to.
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02-28-2012 12:51 AM  9 years ago
GREYEAGLE

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Flat Land's

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Would This Work ;??????
Put : ALL

Foreign International Transaction's INCLUDING all Nations that depend on OUR { USA } " In God We Trust Currency" on ::a Hard Cash Basis

WHEN IT COME BACK Incinerate IT !!!!

That will cause a SHART !

( I can Here the I- Tune's now )

I AIN'T GOT NO MONEY

Now they " Dem's" want to Tap The Reserve ???

Have Mercy :
greyeagle
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02-28-2012 05:44 PM  9 years ago
PsychoZ

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Northern, CA

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If gas, (inflation) keeps its current fast pace increases, there will be another big market crash.
the market is setting all time records. You actually think the market will drop below 7 or 8 thousand like it did during 2007 and 2008.
Tea Parties are for little girls with imaginary friends
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Home🌌Off Topics🌌Off Topics News & Politics › Obama in 2008 Says $3.50 for Gas is Too High
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