Think you’re paying a lot for oil now?

Not really… you’re paying the same. Its just that the government has essentially given the entire country a paycut by inflating the currency to pay for the war, social programs, prescription drugs, etc etc etc. An ounce of Gold buys the same amount of oil now as it did 5 years ago. For those of you who are novices, that means with the amount of currency available in our economy, 3.25 a gallon now is the same as 1.50 a gallon was 5 years ago. It makes sense when you realize that since then, the government has added added almost three trillion dollars to what was a ten trillion dollar economy. They inflate the money supply by 30% and the economy slows down… you got lots of dollars chasing not many goods. Welcome to the Jimmy Carter years… or maybe the new Great Depression.

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One response to “Think you’re paying a lot for oil now?

  1. this is true

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