How the FED Steals Your Life
The Intel Hub
February 17, 2012
Things are going haywire. Prices are shifting about in erratic and unpredictable ways. Take gas prices, for instance. Here in the Golden State we just paid $3.87 per gallon for the cheap stuff.
You’d think at that price the economy would be running red hot. But it’s not. In fact, according to Business Week, “demand in the U.S. is at its lowest point since 1997.”
What this means is demand for gas is at a 15 year low yet the price of gas has increased 8 percent since the end of 2011. How could that be?
Perhaps this has something to do with escalating saber-rattling between U.S. and Iran. Or, maybe, Iran’s threats earlier this week to cut oil sales to Europe. Certainly, if war is provoked with Iran oil could quickly spike to $150 per barrel.
Nonetheless, while potential conflict with Iran could be partly responsible for oil’s current push above $102 per barrel, we think there’s something more going on that may be of interest to you…
Monetary Inflation and You
“By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens,” noted 20th Century English economist John Maynard Keynes nearly 100 years ago.