Thread: oil stupid
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Beach Bum Beach Bum is offline
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First recorded activity by BoatBanter: Jul 2011
Posts: 74
Default oil stupid
On 7/29/2011 10:34 PM, wrote:
On Fri, 29 Jul 2011 19:38:29 -0600,
wrote:

On 29/07/2011 7:08 PM, wrote:
Oh gosh... oil prices are out of control. Actually, they're not...

http://inflationdata.com/inflation/i...ices_chart.asp

Interesting dates:

Dec. 1979, one month after the beginning of the Iran hostage crisis.
Before that, prices were pretty reasonable under Carter, and they soon
head back down.

June, 2008, prices building for most of Bush's term.

Yep, tracks US Fed money print pretty closely when you overlay.

The more money Bernanke prints, the more money it will take to buy oil

Money is like stack, print twice as much then each buck is worth 1/2 of
what it used to be.

Fact is, Obama lives on One Bankrupt Way, Debtor City, Broke USA.

Yep, you're stupid and a racist.

Don't be throwing stones, now.
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