Forgot your password?

typodupeerror

Comment: Oil vs. Gold (Score 2, Insightful) 736

by AmazinglySmooth (#39449767) Attached to: Domestic Drilling Doesn't Decrease Gasoline Prices
A barrel of oil when priced in ounces of gold hasn't increased all that much. The biggest issue is inflation, which is 100% caused by loose monetary policy. Monetary policy is set by the need to borrow by the federal government. If the government didn't borrow so much, the Fed couldn't increase the money supply so much.

"Experience has proved that some people indeed know everything." -- Russell Baker

Working...