And yet gasoline prices rise

[TorpX]

Originally Posted by mookiemookie

If what you said was true, and the runup in prices was solely due to inflation, then the inflation adjusted price would be steady. It's not. QED.

I didn't mean that the rise in prices is soley, or even mostly due to inflation. There is the matter of instability/Iran stuff in ME. But there is little that can be done about that. The Fed inflation is a self-inflicted wound, though. I really doubt that speculation is a big factor. I focused on inflation because it will affect everything, not just gas.