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Originally Posted by JFKDemocrat  Have you ever thought that the high gas prices are due to a weakening dollar? $1000 an ounce gold should be an indicator to you that the current gas prices are accurate. If the oil companies were inflating their prices and lying to us that it is a supply/demand issue, then gold prices wouldn't have skyrocketed like they have. Right? |
Yeah, people cheer when the price of real estate and stock market go to the moon. When the easy money begins to shift to commodities and consumer goods. Ohhh, it's all speculation and evil doing by the private firms and capitalists. Why don't we point the finger at the monetary policy (easy credit) set by ( government agency )former fed chairman - Alan greenspan ? Why don't we ever question the legitimacy of paper or digital currency created out of thin air to fund massive deficit spending by government (eg: buy oil from arab with paper dollar, fund war and military bases with paper dollar and etc ) ?
Amazon.co.uk: Greenspan's Bubbles: The Age of Ignorance at the Federal Reserve: William Fleckenstein, Fred Sheehan: Books Amazon.co.uk: Bubble Man: Alan Greenspan and the Missing 7 Trillion Dollars: P Hartcher: Books