Posted on 09/17/2023 11:06:07 PM PDT by RomanSoldier19
“…except there can be eggs and milk had at lesser inflated price. Price supports? Who knows.“
“Loss leaders”, stuff priced to get people into the store.
They ended comments on the article. 😆
I remember gas prices used to rise and fall incrementally...
Now around here it takes wild large swings consistently. Up 50 cents in one day, then back down .50 the next week. Rinse and repeat. Very strange.
Does not the amount of currency, gold backed or otherwise, have to be at an amount conducive to handle the conversion of goods and services produced into it to eliminate barter?
in other words of an economy produces thousands of shoes and a thousands of loaves of bread, would not only a dollar in circulation be a problem to handle the conversion so that the shomakers can buy bread and the bakers shoes?
LOL!
If so, then we are in good shape for the price per barrel is now over $92.00
Happy days are here again!
“High gas prices drive up the cost of everything else.”
Exactly right...you are the first to peg it. I don’t have any idea where the $6.00 per gallon bar came from, I doubt those who present it know either. Just guessing...but the main point is higher gas prices cause everything else to raise as well. Food will be affected, energy, clothes, everything. Those in power know this and still are pursuing policies to drive up the cost of energy. It is intentional.
Probably, but I do know that milk in the northeast has been subsidized for decades.
Yes, lets make already strapped citizens pay more for gas. Its a good thing. Really. 🙄
Non sequitur. You are going back a few centuries. If you are saying there is not enough gold, that is foolish. There is plenty of gold. Were the dollar to be pegged to gold at any rate the economy would become much more stable after a probably short but severe depression as the debt is retired or at least reduced to a small proportion of GDP.
That is not a likely situation. A hypothetical that sort of existed in the middle ages is not relevant.
If gold was plentiful it wouldnt be a precious metal, neither would it have as much value as it does. There is a finite supply that exists and can potentially be mined. The size of economies does not have a limit.
Yes, indeed.
She said a lot of other wacko things as well. Made me think she was eating alcoholic ice cream. With meth sprinkles.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.