Monday, December 19, 2011

Who says that the rise in oil prices causes inflation?

The rise in oil prices won't affect inflation, it will affect the economy. We are already in a tenuous fragile state, this increase will only set us back again, sending unemployment numbers rising, sending interest rates rising, and though inflation will not be caused by the oil prices, the fact that the feds are printing more money to pay on our interest of the debt, that will in fact increase inflation.

No comments:

Post a Comment