Gas Prices Near 6-Year Highs, No Inflation? Who SaysThursday
July 03, 2014 12:59
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While official government statistics show U.S. inflation at still low levels, anyone who buys gas, food or health insurance can attest to the fact that inflation exists in our everyday lives. GasBuddy has predicted that U.S. consumers will see the most expensive July 4th since 2008 at the gas pump.
Despite the dramatic increase in U.S. oil production in recent years, GasBuddy estimates that Americans are likely to pay about $1.435 billion per day for gasoline during the holiday week, about $50 million more each day, or $350 million more per week than last year.
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Any wonder why the “stock market” is going up while the “standard of living” is going down like the Titanic!
The value of the Federal Reserve Note!
THREE silver dimes from 1964, when I started buying gas, would buy ONE GALLON of gas. At $21.15 per silver ounce, those SAME THREE SILVER DIMES are worth $5.70. Far more than a gallon of gas. (Never mind that today’s gas is better, cleaner, and healthier.)
So what’s changed?
The value of money has been inflated away by the Gooferment politicians and bureaucrats for the benefit of the Crony Capitalists and the Banking Cartel.
When do The Sheeple wake up?
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