seconds: Million 0.0328 years; Billion 31.7 years; Trillion 31,710 years


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Wednesday, October 27, 2010

No inflation? Check the gasoline prices.

Gas prices rise, breaking pre-election pattern

Gas prices reflect the true inflation rate. The administration can cook the economic numbers but the real number to look at is the price of oil. Oil is the worlds currency. The price has steadily risen since the stimulus spending binge.

When the Fed prints dollars out of nothing the value the dollar decreases. That’s why it takes more and dollars to buy fuel as the Fed prints more and more!

Gas prices have risen $1.01 per gallon since Obama took office
READY TO PUMP: Fed Gears Up for More Stimulus
China says dollar printing 'out of control'

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