Home | Culture And Society
Well some people might think there is a connection between inflation and peak oil but they would be wrong. It is like saying that an increase in car traffic in Los Angeles was responsible for a pedestrian being run over on Queens Blvd in Queens, NY. They are just two bad things that are disrelated. The points is that inflation is a specific phenomenon which has as it components an increase in the amount of money and credit in circulation. Peak oil cannot cause that to happen. So while skyrocketing oil costs can certainly be a result of inflation it cannot be its cause. But given that the U.S. is in deflation right here right now, the recent rise in oil prices cannot be attributed to inflation, at least in the U.S. The more likely scenario is that the steeply and rapidly rising cost of oil is due to factors such as inflation in China, increased demand for oil in China, India and other countries and worries about peak oil. That is a nasty brew and there is no way for the Fed or the ECB to control it. Let’s say that all of a sudden a major Saudi field dried up in a day, the whole operation just went bone dry and oil surged to $300/barrel or higher. Would the Fed try to fight this by raising interest rates to fend off inflation? That would be nuts. Like kicking the cat because the car broke down. Ok, here is the central point to this section of the article… the Federal Reserve’s complete bag of tricks is based on inflating money. Since rising oil prices and deflation are major financial concerns well out of the hands of the central bank they have proven themselves to be a fraud that can’t control the ups and downs of the economy as they claim that they can and this is as good a reason as any why the Fed should be abolished. Only by getting rid of the Fed and checking the resultant answer would one know for sure what is really going on. In recent years the Fed has become so ultra secretive that now they don’t even allow us to know how much money that they are printing into circulation at any given time. This puts everyone who needs to know at a point of effect with as much chance of taking the correct action as a blindfolded kid has of sticking the damn pin in the bleepin donkey! So since there is little that we can do big picture aside from call for the end of the Federal Reserve the question becomes what can we do as individuals to become more at cause over our own personal financial situations overall and as regards the price of gas. WATER4GAS is offering information for a nominal fee which car owners can use in their garage or wherever to build a small assembly which instills hydrogen into the gasoline/air mixture that their car runs on. With WATER4GAS you can reasonably expect to lower your gasoline usage by thirty to fifty percent or even more. With W4G gasoline is made usable so you can lower your gasoline usage. It also helps make emissions substantially cleaner.Happy members number about 99%! Isn’t it your turn now?
Article Source: http://www.articlesfeed.com
Learn how to increase power and save gas and how to run a car on hydrogen from water which is the best of the ways to save big on gas by learning all the SECRETS of Water Car Technology
Rate This Article
5 out of 54 out of 53 out of 52 out of 51 out of 5
Not yet Rated
Powered by Article Dashboard