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Posted: 10 17 2009 Post subject: levitra model |
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| I have a problem with this statement: "Since oil is bought and sold in dollars, it's cheaper when the dollar is down. That in turn draws speculators, who drive up the price."When the dollar is down, it requires MORE dollars to buy something. It's that simple. Ms. Salisbury doesn't know her head from her ass. Printing more currency NEVER makes something that you buy with said currency CHEAPER. It makes it more expensive.It doesn't have a damned thing to do with speculators. It's a simple exercise in supply and demand. If you have MORE of something, it's worth LESS. If you have LESS of something, it's worth more. Since the Federal Reserve doubled their balance sheet in the past year, it should come as no surprise that the one thing that virtually everyone buys with U.S. dollars is going to go up in price.It's much the same reason why, when they pumped billions of credit dollars into the housing industry, it caused house prices to go up.But it can only last so long. We're on the precipice of a crack up boom. |
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