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Thursday, 30 August 2012

The true price of gasoline?...................from Rico

The 'headlines' presented to us by the teleprompter-readers in the Financial Media and the MSM recently are about the rising price of gasoline.
- Well, it's something people pay attention to right before the three-day Labor Day Weekend, as they plan family outings and trips by car. Paying close to the all-time high from 2008 of $4.11 does get one's attention while standing at the pump filling the tank.

There is ONE minor problem, however.
- Like everything else being spoon-fed to the American public by these shills, it's (a) wrong, and (b) a lie.

Invert the argument of 'rising' gasoline prices and think instead in terms of the 'falling' purchasing power of a Dollar.
- One gallon of gasoline equals one gallon of gasoline, whether you pay the 13-cents I still remember, or the $5 Dollars you'll inevitable see one day for it. The volume does NOT change, even if the quality/octane does, thanks to ethanol policy.
- It takes more...these days MUCH more devalued/debased fiat Dollars to buy the same gallon of gasoline. This is the 'hidden' true price not only of gasoline, but of essentially everything purchased. With the former purchasing power of the Dollar now about 4-cents and trending lower, it's easy to see what the FED and the Government has managed in plain sight of their victims.

Misdirecting the blame to greedy oil companies and their 'excess profits' and hinting at 'helping' the consumer by releasing strategic oil reserves quite misses the point...which is EXACTLY the point:
- Yes you CAN fool most of the people most of the time.




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