And yet gasoline prices rise

TorpX · 03-01-12, 12:30 AM

Blaming the speculators might make people feel good, but it won't solve the problem. The reason everything prices are rising is than our money is worth less now than it was before. It is a direct consequence of the US Government printing money to finance it's spending. (Remember "Quantitative Easing"?) Regulate the speculators all you want, have a congressional lynching, but it will not make prices go back down. As long as the Fed keeps inflating the currency, it will lose value.

03-01-12, 12:30 AM	#7
TorpX Silent Hunter Join Date: Sep 2010 Posts: 3,975 Downloads: 153 Uploads: 11	Blaming the speculators might make people feel good, but it won't solve the problem. The reason everything prices are rising is than our money is worth less now than it was before. It is a direct consequence of the US Government printing money to finance it's spending. (Remember "Quantitative Easing"?) Regulate the speculators all you want, have a congressional lynching, but it will not make prices go back down. As long as the Fed keeps inflating the currency, it will lose value.