Hold it.
Firstly. The price of everything EXCEPT OIL is going up.
I suspect the price of oil only APPEARS to be going up because of inflation.
Legal tender was one of the stupidest things we ever did.
Now let me explain an economic principle.
Your checkbook revolves around oil. When the price of oil goes up, the price of everything else goes down. Similarly when the price of oil goes DOWN... Well you can draw a conclusion.
That is all.
Edit: As an afterthought, the price of oil HAS gone up a bit, what with companies cutting down on how much they export, but as far as I'm concerned, since the price of everything has tripled, AT LEAST, since 1970 and the price of oil has NOT, gas isn't expensive until it hits $3.00 a gallon, and even then everything else will go down.
|