1980monteturbo
Turbowtie
- Joined
- Jul 11, 2006
- Messages
- 157
reality check
the middle east turmoil has this much ->....<- of an affect on the price of oil. Its a great cover as to why prices are higher.
However, in reality
The Fed Reserve Greenspan and his successor Ben Bernanke ( I'll include the canadian version of Ben B - Mark Carney at the BOC ) and the Keynesian inflationary monetary policy has this much ->.............................................<- of an affect on the price of .....well energy, food, wheat , rice, cotton, coffee, copper.......any hard goods.
The G8 G20 nations are in a race to debase the currencies, aka QE QE2 adding liquidity, stimulus, and all the other fancy terminology used to substitute the words " printing money outta thin air " to bail out the folks who made bad decisions....ya i know you already know the facts. The US $$ lost more than 30% of its value in the last yr. CDN $$ almost as much. This is the Stealth tax as one of our politicians up here once called it. I feel sorry for anyone with a big savings account holding dollars US or CDN.
Jeeesss .......dont get me started.
Thank god I saw the light and converted my meger savings to silver bullion at $18 - 20 /oz. over the summer.
We havn't seen high prices yet boyz. If you want to lower prices get Ron Paul in office - I only know he and a couple other guys down there understand economics. "Real economics" as the Austrians call it.. No comment on his views on the other stuff. Sorry this should be in the other section.
Shouldn't there be a limit on displacement size / gas price like they impose on nascar , NHRA / IHRA top fuel, etc.....
the middle east turmoil has this much ->....<- of an affect on the price of oil. Its a great cover as to why prices are higher.
However, in reality
The Fed Reserve Greenspan and his successor Ben Bernanke ( I'll include the canadian version of Ben B - Mark Carney at the BOC ) and the Keynesian inflationary monetary policy has this much ->.............................................<- of an affect on the price of .....well energy, food, wheat , rice, cotton, coffee, copper.......any hard goods.
The G8 G20 nations are in a race to debase the currencies, aka QE QE2 adding liquidity, stimulus, and all the other fancy terminology used to substitute the words " printing money outta thin air " to bail out the folks who made bad decisions....ya i know you already know the facts. The US $$ lost more than 30% of its value in the last yr. CDN $$ almost as much. This is the Stealth tax as one of our politicians up here once called it. I feel sorry for anyone with a big savings account holding dollars US or CDN.
Jeeesss .......dont get me started.
Thank god I saw the light and converted my meger savings to silver bullion at $18 - 20 /oz. over the summer.
We havn't seen high prices yet boyz. If you want to lower prices get Ron Paul in office - I only know he and a couple other guys down there understand economics. "Real economics" as the Austrians call it.. No comment on his views on the other stuff. Sorry this should be in the other section.
Shouldn't there be a limit on displacement size / gas price like they impose on nascar , NHRA / IHRA top fuel, etc.....