On 22/04/2011 3:31 PM, Frogwatch wrote:
Of course Obama blames "speculators" because that is ALWAYS the reason
why gas costs anything. It is a bit like saying the sky is blue
because it bluish colored. However, what Obama actually means is that
in this context, "speculators" is a code word for "reaql

No doubt about it...DC counterfeits far too much money....so money has a
lower value.

So people have to pay more. Heck, my gold still buys the same amount of
oil, hazards of investing in the US and USD is that it will depreciate.
A vicious spiral has already really started.

I am curious, does USA have a trade adreement re-taxtion with Panama?
Might snag up a few cheap condos Americans need to sell cheap.

--
I can assure you that the road to prosperity is not paved with
fleabagger debt.