I have loosely followed this thread and I believe Brian has hit the closest to the problem. I live in Ron Paul's district and the "Fed" (which is neither Federal nor has any reserves) is the problem. Dr. Paul is going to reintroduce his Audit the Fed legislation, that CONgress eviscerated he last session, so please take a few minutes to contact your CONgress people and ask (demand) that they support the legislation fully, as Dr. Paul introduces it!
This ruse of dumping inflated dollars (currency) into the economy to "stimulate" it is only a temporary fix, at best! The next step of the Fed will be to raise interest rates which will likely "finish it off".
IMO,
Mark in Texas
On 1/21/2011 9:16 AM, briankk wrote:
.. or, the price of oil is actually holding, and all that money they've been printing down in debasement is coming home to roost as infalation...
--- On Fri, 1/21/11, n61cm <jim@tazwade.com> wrote:
From: n61cm <jim@tazwade.com>
Subject: [diesel_mercedes] Re: [CARS-ETC] What’s up with U.S. gasoline prices? | ExxonMobil's Perspectives Blog
To: diesel_mercedes@yahoogroups.com
Date: Friday, January 21, 2011, 6:57 AM
I think it's a sign of economic recovery. Oil is sold at auction. People are bidding more money for it. Must be more money moving around out there.
Jim
--- In diesel_mercedes@yahoogroups.com, "Doug" <doug.traylor@...> wrote:
>
>
> Diesel for my MB, has went up 50 cents a gallon in the last few months.
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