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Inflation is the Reason 

...but not the only reason. Just a major part of the reason Gas prices are so high.

Consider this, if Inflation were the ONLY reason Gas prices spike, then all prices would spike as well.

Speculators are the second largest part of this equation. They litterally profit from ANY change in price. Change is profit to them. Increases in Oil price (per barrel) offers more profit than a decrease, but they do profit from either change. It's all about timing purchase vs. sale.

It is also a combination of supply/demand, developing countries, politics and revenge that is causing our Gas prices to go up.

...and I don't want to start a panic but China had it's first sign of a recession this QUARTER (1st Quarter 2012). Not sure if that is out yet, well I guess it is now. Hehe.

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Added: Mar-25-2012 Occurred On: Mar-25-2012
By: Flashovr
In: Politics
Tags: gas, prices, supply, demand, ben, bernake, spike, inflation
Location: United States (load item map)
Marked as: approved
Views: 1405 | Comments: 15 | Votes: 1 | Favorites: 1 | Shared: 0 | Updates: 0 | Times used in channels: 2
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  • i felt like i was back in grade school with this LOL

    Posted Mar-25-2012 By 
    BIGLOUBRUNO (2146.10)  

    (2)

  • Fuck the Fed & there is only 1 man for the job, Dr Ron.

    Any other Republicrat Ltd clown and it will be stagflation time!

    Posted Mar-26-2012 By 
    rozza2012 (402.98)  

    (2)

  • Careful, we all know that gas prices are solely Obama's fault and Not aggressive speculation! (Facepalm!)

    Posted Mar-25-2012 By 
    100 Leaves (157.20)  

    (1)

    • @100 Leaves

      He can no more control gas prices than he can adding or subtracting jobs to the economy (i.e. non governmental workers, non pork work). He can only help set the guidlines that entice companies to hire and people to start businesses (low taxes, reduced regulation, remove roadblocks).

      Posted Mar-26-2012 By 
      chauncie (196.10)  

      (0)

  • Comment of user 'domino' has been deleted by moderator!

  • Ok. Now that we have established that, now the question is:
    Was it
    1. On purpose?
    2. Just stupid?

    Posted Mar-25-2012 By 
    castanza128 (630.02)  

    (1)

    • @castanza128 Actually US stocks havent really gone up for many as it depends what currency you are referring the price to. If you use Australian dollars as the price reference the US stock market has hardly moved. The reality is global US stocks for many outside the US haven't risen at all or if they have it has been a small rise. Don't forget at the same time the USD has been eating away at those rises for global investors. So if you swapped your stock for AUD currency in a bank in Australia tw More..

      Posted Mar-26-2012 By 
      Penguinister (529.10)  

      (2)

    • @Penguinister On thin volume pumped with paper money.

      Posted Mar-26-2012 By 
      rozza2012 (402.98)  

      (1)

    • @Penguinister
      Currency exchange is a real market. But, I don't know much about it.

      Posted Mar-26-2012 By 
      Flashovr (1939.60)  

      (0)

  • You can only slap yourself for the high gas price, Americans. Why would you want to cause gas shortage by screwing around with gas producing countries like Libya and Iran?

    Posted Mar-25-2012 By 
    sok8888 (706.84)  

    (1)

  • Best one of these skits yet! Keep creating and honing your craft! These can be an incredible teaching tool. I liked this one in particular because neither character began to berate one another incessantly like in some of the previous skits. I believe you are on to something very incredible with these! Thank you for sharing!

    Posted Mar-25-2012 By 
    thad (48.84)  

    (1)

  • I love these posts. When I hear "low inflation" .....I look at what comprises the numbers.

    42% of the CPI is housing....so if housing is off 30-50%......and food (which I think is 16% of CPI) is up 100%......it's barely noticed in the CPI....and politicians can state "inflation is under control.....where's the problem?".

    As the dollar becomes cheaper, you can buy less with it.....as a direct result of too much fiat currency (i.e. some one left the printing press's on).

    More..

    Posted Mar-26-2012 By 
    chauncie (196.10)  

    (1)

  • Some rational data for a change.

    Did anyone really think the "Quantitative Easing" was without consequences?

    Posted Mar-26-2012 By 
    NotJim (1090.50)  

    (1)

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