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Oil Hyperinflation
- Thread starter LT701
- Start date
Quote from andrasnm:
Let me be a prophet for a moment and say this;
this oil shock will;
1) make more public transportation projects viable and doable in the USA
2) create alternate fuel projects (and funding) more vibrant after the current assholes leave office.
3) bankrupt (or stall) many idiots still driving pickups and SUV's (not a bad deal)
i definately dont mind seeing people who conspicuously guzzle gas get creamed
Where would oil be had the money supply been responsibly controlled over the past 7 years? My guess is around $60-$70 a barrell.
Quote from LT701:
nice job bernanke, you bailed out reckless bigshots and people who bought homes they couldnt afford
but you devestated old people on fixed income, and working families to do it
I control the numbers, I control your thoughts. Think as I tell you to think.
INFLATION IS UNDER CONTROL. THE FED EXPECTS INFLATION TO DECLINE.
THE FED IS ALWAYS RIGHT! NOW GO BACK TO YOUR LIVES.
INFLATION IS UNDER CONTROL. THE FED EXPECTS INFLATION TO DECLINE.
THE FED IS ALWAYS RIGHT! NOW GO BACK TO YOUR LIVES.
Quote from ElCubano:
I am buying a scooter; starting a vegtable garden in my back yard and just took off voice mail from my house phone....it be time to downsize
Not me I'm going to swim against the current. I'm buying a Hummer.
I'm turning my thermo down to 70 its 90 outside right now.
I'm buying Goldman & Citi today.
Quote from LT701:
nice job bernanke, you bailed out reckless bigshots and people who bought homes they couldnt afford
but you devestated old people on fixed income, and working families to do it
Thats how the game is played, thanks for playing. At least George Bush could stand up in 2006 and say " MORE AMERICANS OWN A HOME NOW THAT EVER BEFORE"
ITS THE SCUM BAG POLITICAL CREEPS FAULT.
Quote from Aaron Copland:
Thats how the game is played, thanks for playing. At least George Bush could stand up in 2006 and say " MORE AMERICANS OWN A HOME NOW THAT EVER BEFORE"
ITS THE SCUM BAG POLITICAL CREEPS FAULT.
Bush is an asshole, but theres alot more assholes behind him pulling the strings
Adjusted for inflation, oil should be at 110. It passed 110, which was its "Inflation Adjusted Price".
We are no way near "HYPER-INFLATION".
And a shit load of industries are making money off this oil run.
Period.
This isn't your NASDAQ bubble.....These prices may come down after a serious spike or two, but get use to what your dealing with.
Those who are in debt, fu#$%on mortgages, fucE#$# on negitive savings are well....DOOOMED.
Get ready for the fall of the "Middle Class".
If your not "Middle Class", don't worry about it.
If your Poor, you will stay poor.
We are no way near "HYPER-INFLATION".
And a shit load of industries are making money off this oil run.
Period.
This isn't your NASDAQ bubble.....These prices may come down after a serious spike or two, but get use to what your dealing with.
Those who are in debt, fu#$%on mortgages, fucE#$# on negitive savings are well....DOOOMED.
Get ready for the fall of the "Middle Class".
If your not "Middle Class", don't worry about it.
If your Poor, you will stay poor.