This post on zerohedge was interesting. Gasoline prices are at or near an all-time low.
Why is that? If you look at prices in State paper money, prices are skyrocketing. If you look at the price in gold or silver (i.e. real money), it’s near a record low.
State comedians come up with myths like “Peak Oil” to cover up hyperinflation. They say “The supply of oil is decreasing. Therefore, prices are rising.” They always ignore the effect of inflation on prices. There always is some other excuse, to justify higher prices. If anything, we’re closer to Peak Paper than Peak Oil.
If you look at prices in State paper money, prices are skyrocketing. Salaries do not keep pace with true inflation. Most investments don’t keep pace with true inflation. If you look at prices in gold or silver, prices are actually decreasing.