It's like ii feel like my money is becoming more worthless, every month that goes by. Houses, Food, Health insurance.
2007-09-30 16:59:00 · 21 answers · asked by the d 6 in Politics & Government ➔ Politics
it's about 3.40 here. did you know now that the US dollar is equal to the canadian dollar? sad isn't it?
2007-09-30 17:02:39 · answer #1 · answered by Nmenna (men-uh) gosh darnit..... 3 · 2⤊ 0⤋
after we attack iran, oil prices will triple. this is the point of the war on terror. without it, they wouldn't be able to push the price of a barrell of oil as high as it is. its over 80 dollars now and within two years, the experts say it will be over 200. also the federal reserve double the US dollar supply from 2001 until 2006. this summer they announced that they will double the money supply again over the next two years. what this does is push the value of the dollar down.
look at it like this. lets say you have $100 total as a country. if you print and double the amount of dollars in circulation but still only have the same value of $100, each dollar is worth less. this is what has happened to our currency since we went to the federal reserve in 1913. did you know that from late 1700s until 1913, there was no inflation. if an item cost a nickle in the year 1800. that same item cost a nickle in 1900. ever wonder how a price of a house can go up like 50,000 in 10 years. its the same house. it just takes more dollars to buy it. the value of the house isn't more. just the dollar is weaker.
in 1913, we went from having our money backed by gold to being backed by nothing. the federal reserve is not even part of our government. its a private bank. when they print money, me and you don't get extra. the extra goes to big businesses and their rich folks. the federal reserve hurts the little people and significantly helps the rich because they are in position to gobble up all the extra cash.
besides ending the iraq war, this is ron paul's biggest thing he wants to do. end the federal reserve and go back to the gold standard.
if you had invested $100 dollars in gold in 1913, when we left gold, you would would have $3500 today. at the same time. if you had invested that same $100 in a federal reserve note(US dollar) today it would be worth a little less than $3. amazing, huh.
gold prices steadily rise, never falls,
if our currency was still backed by gold, houses, cars, everything would drop every few years instead of rise because it would take fewer dollars because it would be increasing in value.
sorry about the long rant, it just really makes me angry that people refuse to listen to ron paul because of how the media portrays him.
2007-10-01 00:16:11 · answer #2 · answered by Anonymous · 2⤊ 0⤋
Probably never - the long-term price trend will likely be upwards at a rate higher than average incomes and other prices. There have been no new discoveries of major oil fields for many years, producers are having to exploit more costly 'frontier' resources such as the Alberta oil sands while worldwide demand is rising every year. The big companies are not going to forego their huge profits and generous tax breaks and subsidies from governments [i.e. your tax $] so you can get a break at the pump.
2007-10-01 00:31:19 · answer #3 · answered by janniel 6 · 1⤊ 0⤋
Your money is more worthless every month that goes by. At least if it is US currency. Be glad you don't live in any other country, most of them have been paying more than that for gas for years. health insurance is a crock, even if you have it, it doesn't do you any good. Food - again, thank corporate America- all the corn (which is in almost every food in the US), is going to ethanol, farmers are supposedly thrilled, but....to grow that special high yield, patented (by corporations) corn, first you till the soil with your tractor, using petroleum fuel, then you spread herbicide, then you plant corn, then you use pesticide, then you harvest, then you truck. Every one of these steps takes a lot of petroleum fuel. Who is really making money off ethanol? Could it be big oil and agribusiness.....?
time to buy a hybrid, or better yet a motorcycle or good bicycle....
2007-10-01 00:08:09 · answer #4 · answered by sas 3 · 1⤊ 1⤋
This is where young, ignorant libs really show how stupid they are. When I started driving, gas was $.30/gal., a house in my parents neighborhood was 15k, and a new VW could be had for about $2300. Everything went up the same, but a now a gallon of gas takes you about twice as far. When Jimmy Carter was president, gas was $1.00/gal IF YOU COULD BUY IT, it was rationed. Liberals had the stupid idea of making us all drive 55mph, these days these brainless idiots want us all to turn out the lights and live in the dark.
http://www.latimes.com/news/local/la-me-lightsout29sep29,0,3411449.story?coll=la-home-center
2007-10-01 00:49:59 · answer #5 · answered by T D 5 · 0⤊ 0⤋
Gas is already subsidized by the federal government. We're paying a lot less than other nations who are paying upwards of 6-7 dollars a gallon.
We already have relief. Now it's the oil companies price gouging.
2007-10-01 00:02:02 · answer #6 · answered by Glen B 6 · 2⤊ 0⤋
Its the mass regulation we put on gas companies. We spend about 50 cents per gallon because of the federal and state tax put on gas. then the companies have to invest in getting ethanol now and advancing in finding more oil. the government made more money off the taxes put on gas then the companies made in profit.....who are the real price gougers???
2007-10-01 00:37:49 · answer #7 · answered by Goldwater Conservative 2 · 0⤊ 0⤋
Get over it! People not from the United States are paying upwards of $7 a gallon. You should be happy that you are only paying $2.81 a gallon!
2007-10-01 00:03:19 · answer #8 · answered by Jenny S 2 · 0⤊ 2⤋
I'm afraid not.
The days of under 3.00 per gallon are nearly over. Big Oil will see to that.
2007-10-01 00:55:47 · answer #9 · answered by Anonymous · 0⤊ 0⤋
if bushgod attacks iran, gas prices will go up to at least $10 a gallon. then we all get to sacrifice instead of just the poor soldiers trapped in the lying war of iraq.
2007-10-01 00:25:14 · answer #10 · answered by Anonymous · 2⤊ 0⤋
Think thats bad?
Vote for hillary and Gas will be 5-7 bucks a gallon like it is everywhere else that has socialist style health care.
Guess I am lucky. Gas is 2.58 where I am
2007-10-01 00:03:58 · answer #11 · answered by Anonymous · 1⤊ 2⤋