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Author Topic: Obama: $2.50 a Gallon Gas Is a Lie [Locked]
Scarne  4 stars
Title: Capo di Scientifico
Posts: 1,087
Registered: 2001-7-23 15:24:34
Brother_Tempus posted:

4 1964 US quarter would have bought you 3 gallons of gas in 1964n

those same 4 coins would buy you 7 gallons of gas today


Wages and everything would be relative to those prices so it is a meaningless comparison.

 

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Elocism  3 stars
Title: Pseudonym
Posts: 787
Registered: 2002-5-3 01:50:00

 

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Afio  3 stars
Title: Belle of the Bull
Posts: 748
Registered: 2002-3-19 16:18:03
Article in today's Times Picayune

http://www.nola.com/politics/index.ssf/2012/03/obama_administration_sweet_spo.html

Gulf of Mexico back to 'robust' oil production, Obama administration says

Read whatever you will into the article. Both sides seems to have their say.

 

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Brother_Tempus  3 stars
Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
Scarne posted:

Brother_Tempus posted:

4 1964 US quarter would have bought you 3 gallons of gas in 1964n

those same 4 coins would buy you 7 gallons of gas today


Wages and everything would be relative to those prices so it is a meaningless comparison.



hardly, sound money cannot be distorted like that. Sound money anchors all prices to reality

Wages do not need to increase because over time the slow deflationary pressure exerted by sound money means a person whose wage stays the same over say ten to 15 years can buy more with that same wage at the end of that 10-15 years than at the beginning

US price and wage history back when the dollar was gold and silver proved that.

 

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theredkay1  3 stars
Posts: 611
Registered: 2008-5-16 10:37:09
What reality? Prices and wages would bounce around as directed by the supply and demand for a pretty metal. What is 'real' about that?


-edit- a jump in demand for shiny things in a country will naturally push down wages and prices.....and this is a good thing in your book?
Blue_arrow  2 stars
Posts: 468
Registered: 2008-7-2 02:02:19
Republican see high gas as a problem liberals see it as a solution

 

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Mastara  4 stars
Posts: 1,446
Registered: 2004-12-29 22:52:21
^^ I can agree with that blue

 

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Tych2  4 stars
Title: Obama Appointed Outpost Czar
Posts: 2,511
Registered: 2005-3-1 06:56:47
There is a brain trust in the making! Blue_arrow and Mastboro!!

 

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Blue_arrow  2 stars
Posts: 468
Registered: 2008-7-2 02:02:19
Tych2 posted:

There is a brain trust in the making! Blue_arrow and Mastboro!!



- you've got a bunch of algae out here," Obama said at the University of Miami today. "If we can figure out how to make energy out of that, we'll be doing alright.


ill go with the moon base and 2.50 gas

 

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Friarspam  3 stars
Posts: 638
Registered: 2007-1-23 07:01:27
If you /dismiss one-world conspiracies then I'm sure that this whole thing seems ok and normal.

 

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