Forum Discussion
slowlane
Jan 02, 2011Explorer
Dick A is on the right track.
What the public and the media perceive as "rising prices" is in reality the falling value of a dollar. It is by no means just oil that is going up and up.
But instead of recognizing the real culprit -- the Fed's massive creation of money -- we will see the usual ranting and demagoguery about oil company profits, speculators, etc.
What the public and the media perceive as "rising prices" is in reality the falling value of a dollar. It is by no means just oil that is going up and up.
But instead of recognizing the real culprit -- the Fed's massive creation of money -- we will see the usual ranting and demagoguery about oil company profits, speculators, etc.
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