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re: Gas Price Question for you O&G folks
Posted on 6/24/22 at 12:50 pm to mmmmmbeeer
Posted on 6/24/22 at 12:50 pm to mmmmmbeeer
quote:
I'm genuinely hoping someone can explain this to me like I'm 10yo...what's responsible for a nearly 50% increase in gas prices with the same oil prices?
Simple.
Quantitative Easing (QE) = Printing currency back by ZERO gold or value = 50% devaluing of the USD.
Prices of goods & services are NOT increasing. tDollar just represents approx 1/2 of its 2014 "Buying Power".
1
Posted on 6/24/22 at 12:55 pm to Liberator
this thread getting bumped is just piling on pour mmmbeer this afternoon. 
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