The more dollars out there the less they are worth. $2 buys a gallon of gas. Now there are twice as many dollars so the same gas cost you $4
You said so yourself, Swiss francs are stable and they pay the same for oil as they did three years ago. The cost of oil hasn't changed, the worth of the dollar has. While lettuce and milk probably hasn't gone up the transporting charge has. . On Tue, Apr 26, 2011 at 5:35 PM, Gruss Gott <[email protected]> wrote: > > Sam <[email protected]> wrote: >> >> Because the dollar is now worthless since we keep printing them. That >> raises fuel cost, driving, heating, shipping etc. >> This is a new thing. >> > > Please do explain that mechanism: how does the Fed's purchase of > treasury bonds raise "fuel, driving, heating, shipping, etc"? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:336864 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
