Monday, June 09, 2008
Rising Energy Prices and the Falling Dollar
"If the Fed continues with its bubble blowing policies of the past,
the new commodities bubble will continue to grow, gas prices will
continue to go up, as the value of your dollars go down," says
Congressman Ron Paul. "We will see an overinvestment in these
commodities as solutions are desperately sought for a supply shortage,
which is only part of the problem. Make no mistake, though, this is
not the free market at work. Government manipulations have added
levels of complication and unintended consequences to the
marketplace."
the new commodities bubble will continue to grow, gas prices will
continue to go up, as the value of your dollars go down," says
Congressman Ron Paul. "We will see an overinvestment in these
commodities as solutions are desperately sought for a supply shortage,
which is only part of the problem. Make no mistake, though, this is
not the free market at work. Government manipulations have added
levels of complication and unintended consequences to the
marketplace."
Click here for the full article:
http://www.house.gov/paul/tst/tst2008/tst060908.htm
Subscribe to Posts [Atom]
