06 March 2012

Factors that could make $5 a Gallon Gas the Norm

It is hard to miss the recent rise in gasoline (gas) prices in the United States, and the rumblings that it has generated in the national press. It is a concern that has already entered the on-going political debate with one Republican candidate promising that, once elected, he will bring the price of gas down to $2.00. (The unreality of that prediction has been explained earlier.) As a result there have been a number of reasons projected (for example here) as to why, in contrast with most seasons, gas prices are rising at the present, in the season…

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A usual, no one addresses the real root cause of price increases; the inflation an devaluation of currency by the unaccountable Federal Reserve and it's member banks. Left unchecked, this hyperinflation will be a factor in the collapse of the US, just as in the former Soviet Union. 

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