“Oil prices are on the minds of many Americans as gas hits $4 a gallon, and continues to surge. How high can prices go? How can we solve these problems? What, or who, is to blame?”
“Part of the answer lies in understanding bubbles and monetary inflation, but especially the Federal Reserve System. The Federal Reserve is charged with controlling inflation through interest rate manipulation, however, many fail to realize that creating money, and therefore inflation, is really its only tool. When the Federal Reserve inflates the dollar as drastically as it has in the past few decades, the first users of the newly created money go in search of investments for their dollars. They must invest this money quickly and aggressively before it loses value. This causes certain sectors to expand beyond what would naturally occur in the free market. Eventually the sector overheats and the bubble bursts. Overinvestment in dotcoms eventually led to a collapse of the NASDAQ. Next we had the housing bubble, and now we are seeing the price of oil being bid up in the creation of another new bubble. Investors are now looking to commodities like oil, for stability and growth as they pull capital out of real estate. This increased demand for investment vehicles related to oil contributes to driving up the price of the actual product.”
[Source: Libertarians for Ron Paul - Posted by WARONYOU]
Wednesday, June 25, 2008
Rising Energy Prices and the Falling Dollar
Thursday, April 24, 2008
This is the BillBoard We're putting up in Watertown and Brookings South Dakota!!!
WE have this board going up in Yankton, Sioux Falls, Sturgis, Aberdeen, and now Watertown, and Brookings!
http://files.meetup.com/6...
We are very close to having a billboard up in every major city in South Dakota.
Then Every $650 buys a new BillBoard for a month in another strategic decent sized town.
http://sdronpaul.chipin.c...
We need a BillBoard in Pierre (The CApital)
Read More...
[Source: Ron Paul for President 2008 - Ron Paul Revolution - Ron Paul Wins! -
Wednesday, April 23, 2008
Today's Headlines from the Second Great Depression
Updated daily at Depression2.tv Because the second great depression will not be televised. It will be brought to you live.
NYT Video: Behind Rice Shortage - Australia's Drought
Video: The Fabulous Life of John McCain
Iacocca: This is America, not the damned 'Titanic'
Kunstler: Blind Spot
UPS, FedEx Decline Signals No Imminent Rebound From Recession
Gas Hits $3.50 - Little Sign of Relief in Sight
Wage Erosion Cutting Deeper in US
FT: Road to Ruin. America Ponders the Depths of Downturn
The New Ghost Towns of Minnesota
China Overtakes US as World's Second Biggest Exporter
Can Bernanke Stop the Credit Crunch?
Island Nation of Japan Runs Out of Butter. A Dire Warning for Us All
Business Week: There is No Gas Shortage. But Powerful Interests Want You to Believe There is.
Fannie & Freddie: The Trillion Dollar Ticking Time Bomb
Thursday, February 21, 2008
Wednesday, February 20, 2008
CNN: Paul's candidacy goes on
Republican Ron Paul joined CNN's 'American Morning' to explain why he's still in presidential race
Monday, February 18, 2008
Geraldo's Son Loves Ron Paul
Geraldo ask how many delegates do you have? I thought you were the news? Paul admits that MSM isnt counting his delegates. Geraldo then ask if he would give his delegats to McCain.
