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Folks, gas is NOT expensive. No, really. - Printable Version

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Folks, gas is NOT expensive. No, really. - georgia_tech_swagger - 02-25-2012 08:29 AM

... it is just that the dollar sucks. And currency is 1/2 of every transaction.

[Image: costofoil.gif]


Folks, gas is NOT expensive. No, really. - Ninerfan1 - 02-25-2012 08:43 AM

And who do we have to thank for the dollar being in the tank?


RE: Folks, gas is NOT expensive. No, really. - Jugnaut - 02-25-2012 08:45 AM

(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.


Folks, gas is NOT expensive. No, really. - Ninerfan1 - 02-25-2012 08:48 AM

(02-25-2012 08:45 AM)Jugnaut Wrote:  
(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.


RE: Folks, gas is NOT expensive. No, really. - WoodlandsOwl - 02-25-2012 09:01 AM

(02-25-2012 08:48 AM)Ninerfan1 Wrote:  
(02-25-2012 08:45 AM)Jugnaut Wrote:  
(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.

Add in Turbo Tax Tim Geithner, Goldman Sachs, UBS, Citigroup


RE: Folks, gas is NOT expensive. No, really. - georgia_tech_swagger - 02-25-2012 09:11 AM

(02-25-2012 08:48 AM)Ninerfan1 Wrote:  
(02-25-2012 08:45 AM)Jugnaut Wrote:  
(02-25-2012 08:43 AM)Ninerfan1 Wrote:  And who do we have to thank for the dollar being in the tank?

The Federal Reserve and Helicopter Ben, no question.

Yep. But Obama has had a healthy hand in it as well.

I can't take you seriously unless you admit Dubya did a damn fine job of this, too.


RE: Folks, gas is NOT expensive. No, really. - Ninerfan1 - 02-25-2012 09:44 AM

(02-25-2012 09:11 AM)georgia_tech_swagger Wrote:  I can't take you seriously unless you admit Dubya did a damn fine job of this, too.

Putting aside for a moment my deep seeded emotional need to have you take me seriously, I was frequently critical of Bush's fiscal/spending policies during his presidency, and after. NCLB, Medicare Part B etc. were all bad policy that were all debt that hurt the dollar. The accessibility of cheap credit to unworthy borrowers hurt as well, though neither was caused by Bush.