Followers

WELCOME

This blog is a place to chat from a Christian perspective about a variety of topics.

Friday, February 24, 2012

GAS PRICES RISE WHEN THE DOLLAR FALLS....IT'S THAT SIMPLE

"Panic is in the air as gasoline prices move above $4.00 per gallon. Politicians and pundits are rounding up the usual suspects, looking for someone or something to blame for this latest outrage to middle class family budgets... Unfortunately, the talking heads that are trying to explain the reasons for high oil prices are missing one tiny detail. Oil prices aren’t high right now. In fact, they are unusually low." 

My opinion
Gas prices are high because a third round of money printing (quantitative easing) has recently been ordered. Inflation is simply the printing of money.  The more money they print, the higher our prices go. Because our leaders don't want to admit to their own stupidity, they look for other people and things to blame. This girl aint buyin it. I know the real reason gas prices are rising. It's because the people making decisions in this country are making idiotic decisions
                                                                                     -Danelle
http://www.forbes.com/sites/louiswoodhill/2012/02/22/gasoline-prices-are-not-rising-the-dollar-is-falling/

No comments: