Is it the "price of gas, stupid"?
- Thread starter Tsing Tao
- Start date
It's a date, amico...
Unleaded regular hovering at $3.85 as of today, up 3 cents since last week. The rise has slowed, but when Uncle Benny releases 850B on Thursday, as the market is predicting, watch out! Look for $4 gas imminently.
Of course, he's damned if he does and damned if he does not. If he hits CTRL-P and prints money, he increases the chance Obama will suffer from gas price impact, and thus, if Obama loses, Benny loses his job (as Romney has said he would not reappoint Ben).
What's a central planner to do?
Of course, he's damned if he does and damned if he does not. If he hits CTRL-P and prints money, he increases the chance Obama will suffer from gas price impact, and thus, if Obama loses, Benny loses his job (as Romney has said he would not reappoint Ben).
What's a central planner to do?
Made for some great trading, thank you Ben. Got so busy, for a half hour anyway, was able to take some good $$. Textbook stuff.
And, although I do respect your opinions Tsing, I'm so concerned about gas prices in the U.S. Now, here it's pretty damn expensive, as is all of Europe compared to the U.S. But you already know that of course. l
Quote from BSAM:
Let's see now...Uh...What happens when gasoline hits the 4 buck mark in the U.S.A.??
Seems like I've seen this movie before, but...
Obama will release from the strategic reserve, but it won't do jack as this isn't a supply driven problem. It's a problem with too much money in the system.
Note to Ben. Thanks for continuing to punish me for paying my bills on time and living within my means. You might want to consider that low interest rates don't matter all that much to the unemployed and those that fear losing their job, which covers just about the entire population. That might be why the already historically low rates haven't done a thing to offset the housing crisis. You have insured we will pay more for everything we use daily while we earn less. Thanks again!