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Science Forum Index » Energy Forum » $114/bbl and It's Getting Ugly Out There
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| Paul Thomas, CPA |
 Posted: Wed Apr 23, 2008 2:49 pm |
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"sno" <sno@opelc.com> wrote
Quote: I think their reasons at the time were and maybe are still reasonable...
however I think they have dug themselves into a hole and now are
scrambling on a way to get out of it...and in the process are making
things worse....letting the rest of the world know how bad things
are.....causing people to lose faith in the dollar....which is
showing up in the prices of commodities....
So it's your assertion that commodity supplies are stable, but the weak
dollar is what is causing prices to rise.
Worldwide?
Ever thought that prices - world wide - are set by supply and demand at that
time and location.
Quote: This is an especially bad time for this to happen as there is
demand inflation happening at the same time....it is anyone's
guess which is the biggest factor.....mine happens to be a
"catch up" hypothesis.....that inflation has been hidden
Hidden from who?
You've placed a lot of faith in your theory that the world relies upon, and
acts upon, the crap spewed forth from inside the beltway.
For that to hold dampness, let alone water, you have to prove that the rest
of the world relies upon our government's reporting in everything they do in
their own countries. That when Congress says "jump" or the US president
farts, the world reacts. That hardly happens here. Yet you place your
entire theory in the chance that the world reacts to documentation from DC
that says so.
This is the 22nd century. Do you think that in this wired world, 24 hour
news cycle, satellite communication, yootoobe videos world that anyone
bothers to listen to DC anymore? |
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| Paul Thomas, CPA |
| Posted: Wed Apr 23, 2008 2:51 pm |
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<knews4u2chew@yahoo.com> wrote
Quote: I read that Philipinos in the U.S. are now
buying and shipping rice to the Philippines.
And the Chinese in the US are buying and shipping toys and tooth paste to
China.
--
Two Reasons Why It's So Hard To Solve A Redneck Murder:
1. All the DNA is the same.
2. There are no dental records.
--------------------------
Paul A. Thomas, CPA
Athens, Georgia |
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| sno |
| Posted: Wed Apr 23, 2008 3:11 pm |
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"Paul Thomas, CPA" wrote:
Quote:
"sno" <sno@opelc.com> wrote
I think their reasons at the time were and maybe are still reasonable...
however I think they have dug themselves into a hole and now are
scrambling on a way to get out of it...and in the process are making
things worse....letting the rest of the world know how bad things
are.....causing people to lose faith in the dollar....which is
showing up in the prices of commodities....
So it's your assertion that commodity supplies are stable, but the weak
dollar is what is causing prices to rise.
Worldwide?
Ever thought that prices - world wide - are set by supply and demand at that
time and location.
This is an especially bad time for this to happen as there is
demand inflation happening at the same time....it is anyone's
guess which is the biggest factor.....mine happens to be a
"catch up" hypothesis.....that inflation has been hidden
Hidden from who?
You've placed a lot of faith in your theory that the world relies upon, and
acts upon, the crap spewed forth from inside the beltway.
For that to hold dampness, let alone water, you have to prove that the rest
of the world relies upon our government's reporting in everything they do in
their own countries. That when Congress says "jump" or the US president
farts, the world reacts. That hardly happens here. Yet you place your
entire theory in the chance that the world reacts to documentation from DC
that says so.
This is the 22nd century. Do you think that in this wired world, 24 hour
news cycle, satellite communication, yootoobe videos world that anyone
bothers to listen to DC anymore?
The dollar in comparison to a basket of world currencies has
declined aprox 40 percent in the last two years....
I think that because of the tied together world that all the
governments have worked together to hide what was happening....because
once they had tied themselves to the dollar being the reserve/reference
they realized that they were stuck....if the dollar did not appear
to be stable then they all were in trouble....as is happening....
food riots....complaints about cost of energy...etc...etc....
They are trying to say that "its not my fault"....china and india
are the cause.....which is true to a point....but I think there
is more then that....they are trying to divert the argument away
from them....and do not want people to realize they have screwed up....
and do not want to take any of the blame....I do not blame just
the united states government....they have all been working together
to protect the dollar.....
Do you really believe that at this time the dollar is a good
reference stuff....??....has it really stayed relatively stable
recently as a good reference should....??....
have fun....sno
--
No matter how dangerous nuclear power may or
may not be.....
Is it any more dangerous then what we are doing
now.....???
This tag line is generated by:
SLNG (Silly Little Nuclear Generator) |
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| Paul Thomas, CPA |
| Posted: Wed Apr 23, 2008 3:27 pm |
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"sno" <sno@opelc.com> wrote
Quote: The dollar in comparison to a basket of world currencies has
declined aprox 40 percent in the last two years....
So? Why then would prices be higher in that country's currency?
Clearly is the value of the US dollar falls, it impacts purchases made with
US dollars.
Quote: I think that because of the tied together world that all the
governments have worked together to hide what was happening.
LMAO
A vast conspiarcy among thousands of leaders world wide over any number of
years and political parties. Not one coming forward to spill the beans.
Simply amazing how you justify your beliefs.
Quote: as is happening....food riots..
Because there isn't any - because farmers stopped farming years ago and
supply diminished. It's taken thins long to whittle down the warehouse
supply at Wal-Mart.
Quote: ..complaints about cost of energy
Bitch, bitch, bitch.
What you are saying is that we don't have enough money to buy all the things
we want.
The solution is simple. Stop wanting shit that you don't need.
Quote: I do not blame just the united states government....they
have all been working together to protect the dollar.....
"They", as in all the governments of the world over?
Quote: Do you really believe that at this time the dollar is a good
reference stuff....??....has it really stayed relatively stable
recently as a good reference should....??....
The US dollar is a great reference for those of us, and that's almost
everyone in the US, that earns and spends in US dollars.
The only thing that matters is what can my paycheck buy today.
--
Two Reasons Why It's So Hard To Solve A Redneck Murder:
1. All the DNA is the same.
2. There are no dental records.
--------------------------
Paul A. Thomas, CPA
Athens, Georgia |
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| sno |
| Posted: Wed Apr 23, 2008 3:58 pm |
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"Paul Thomas, CPA" wrote:
Quote:
"sno" <sno@opelc.com> wrote
The dollar in comparison to a basket of world currencies has
declined aprox 40 percent in the last two years....
So? Why then would prices be higher in that country's currency?
Clearly is the value of the US dollar falls, it impacts purchases made with
US dollars.
I think that because of the tied together world that all the
governments have worked together to hide what was happening.
LMAO
A vast conspiarcy among thousands of leaders world wide over any number of
years and political parties. Not one coming forward to spill the beans.
Simply amazing how you justify your beliefs.
as is happening....food riots..
Because there isn't any - because farmers stopped farming years ago and
supply diminished. It's taken thins long to whittle down the warehouse
supply at Wal-Mart.
..complaints about cost of energy
Bitch, bitch, bitch.
What you are saying is that we don't have enough money to buy all the things
we want.
The solution is simple. Stop wanting shit that you don't need.
I do not blame just the united states government....they
have all been working together to protect the dollar.....
"They", as in all the governments of the world over?
Do you really believe that at this time the dollar is a good
reference stuff....??....has it really stayed relatively stable
recently as a good reference should....??....
The US dollar is a great reference for those of us, and that's almost
everyone in the US, that earns and spends in US dollars.
The only thing that matters is what can my paycheck buy today.
OK...I can see your point of view...and was a valid one as long
as the dollar stayed relatively stable....but I believe the
stability of the dollar is gone....and in the future you will
see the result directly on you, through what you purchase...
as you are starting to see in the cost of energy and food....
Actually I hope that someone solves the problem with the dollar
as if what I believe is true then I will have a hard time living
on my fixed income + investments, because I think we are just
starting to see what could happen....
As far as the basket of currencies....other countries have been
inflating their currencies just like we have....some to more or
less then us....what the decline is showing is how much more we
have done it in comparison to others.....catch up effect....
If you do the research....I guess you could call them "whistle
blowers" people in other countries have been trying to call
notice to what has been happening with the dollar....what they
have been saying just seems to have been ignored....
Maybe saying that the other governments have been "hiding" what
has been happening is to strong....maybe ignoring would be a
better world....I do not believe in conspiracies ...I believe
that people everywhere have a tendency to put things off....and
do what is easiest at the time.....and that makes it appear they
are working together....
have fun....sno
--
No matter how dangerous nuclear power may or
may not be.....
Is it any more dangerous then what we are doing
now.....???
This tag line is generated by:
SLNG (Silly Little Nuclear Generator) |
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| P. Maffia |
| Posted: Wed Apr 23, 2008 5:57 pm |
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"sno" <sno@opelc.com> wrote in message news:480F7504.D09DC2B8@opelc.com...
Quote: If they are not trying to hide it...then why are they reporting
a rate so much lower then the real inflation rate.....the
total amount of money...(m3)....is no longer being reported....
The fact is that thr reported inflation rate has been calculated on a
consistent basis ever since Uncle began calculating it. When changes were
made to any of the underlying items being "priced" in the market basket,
adjustments were made to accouint for any differences arising
from the change.
So in economics, the direction and rate of change is what is looked at
rather than the reported figure.
All kinds of people have tried to "properly" calculate inflation rates. And
the resulting rates are a direct result of the prices of those things they
choose to measure. If for instance they choose to use the price of a new
computer every year as the measure of inflation, then inflation would have
been negative every year since the first Eniac was built and installled at
Aberdeen Proving Grounds.
A market basket is selected and periodic changes made to it based on a
survey of basic needs of a family. And those are priced to arrive the index
number.
Now people have argued that, for example, if a car is one of those things
measured, the price of that car should be adjusted for to wash out any
increace directly resulting from improvements in the basic vehicle.
In other words, the argument presenterd, that they have not published the
real rate, is unadulterated nonsense by someopne whjo does not understand
the process.
Quote:
And if you had even half a brain cell in your head and correlated the
"official" inflation rate with the inflation rate, however,\ you want to
calculate it, it will be, within a small margin of error, the same.
Also if you had bothered to look and compare income figures with
inflation
you would find that over the same period, income kept pace with, if it
did
not exceed, inflation.
At least now I may have you questioning/thinking about the subject....
and maybe have learned a little bit about monetary inflation.....
any why oil and other commodities are rising so much....
Don't give yourself credit for something your moronic posts have not done.
Nothing you have writen has caused me to ask or question anything except
where boobs like you get your inane information, always stated wiith such
authoritative bravado.
Quote: I however believe that you have been fooled by the government....
I, on the other hand, believe you are just a fool! |
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| P. Maffia |
| Posted: Wed Apr 23, 2008 6:07 pm |
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"sno" <sno@opelc.com> wrote in message news:480F97E7.61E59EF7@opelc.com...
Quote:
The dollar in comparison to a basket of world currencies has
declined aprox 40 percent in the last two years....
And while you quote this figure, you still insist the facts have been hidden
from the world. Can you even understand how silly your assertion is? If its
been hidden, how the hell do you know it?
Quote: I think that because of the tied together world that all the
governments have worked together to hide what was happening....because
once they had tied themselves to the dollar being the reserve/reference
they realized that they were stuck....if the dollar did not appear
to be stable then they all were in trouble....as is happening....
food riots....complaints about cost of energy...etc...etc....
The supposed stability of the dollar had nothing to do with its becoming the
defacto reserve currency of world trade. Because it was relatively stable
only against the currency of third world countries.
Can you reach into the dim recesses of your pea brain and come up with the
possible reason that it did become the defacto reserve currency?
Quote: They are trying to say that "its not my fault".
None of them are claiming any such thing. Only dufases like you claim they
do.
The rest of you rant deleted for lack of anything sensible in them. |
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| Paul Thomas |
| Posted: Wed Apr 23, 2008 6:57 pm |
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"sno" <sno@opelc.com> wrote
Quote: OK...I can see your point of view...and was a valid one as long
as the dollar stayed relatively stable....but I believe the
stability of the dollar is gone....and in the future you will
see the result directly on you, through what you purchase...
as you are starting to see in the cost of energy and food....
Certain foods are going way up in price because of a production supply side
problem. Not enough being grown has nothing to do what-so-ever with the
value of the dollar. To believe that it does, means that you believe the
value of the dollar impacts weather and other factors of the growing season,
and that's illogical on it's face. |
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| Paul Thomas |
| Posted: Wed Apr 23, 2008 6:59 pm |
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"P. Maffia" <pmaffia@centurytel.net> wrote
Quote: And while you quote this figure, you still insist the facts have been
hidden from the world. Can you even understand how silly your assertion
is? If its been hidden, how the hell do you know it?
He learn't it whilst eavesdropping on the super-duper secret meeting of the
illuminatti guru's of the new world order zionists. |
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