Wednesday, May 11, 2011

The More Things Change, the More They Remain the Same!

Gas prices have not gone up, indeed gas costs pretty much what it always has. What has happened is the dollar keeps getting more worthless. The other day I put up something that showed that in terms of silver (a hard commodity) gas still costs about what it did (actually less) than it did in 1947. Then this came into my mailbox today and made much the same point. So when the media is wailing about high gas prices, and make no mistake about it, gas is going to be going up, don't forget that the reality is that the dollar is tanking.

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