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n2doc (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 09:27 AM Original message |
Blame High Oil Prices on Speculators and Bernanke |
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KelleyKramer (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 09:36 AM Response to Original message |
1. In 2008 when credit dried up, gas prices dropped like a rock |
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bhikkhu (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:24 AM Response to Reply #1 |
8. ...because of supply and demand, the same as why they went up |
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KelleyKramer (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 11:45 AM Response to Reply #8 |
13. DemaDemand did NOT skyrocket during the 1st year of the Great Recession! |
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bhikkhu (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 05:55 PM Response to Reply #13 |
29. Demand didn't have to skyrocket |
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Kip Humphrey (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 02:56 PM Response to Reply #8 |
25. While speculators are partially responsible for higher prices, supply is still in surplus which |
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bhikkhu (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 06:04 PM Response to Reply #25 |
30. That's mostly based on trusting that the Saudi's always tell the truth |
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orwell (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 09:49 AM Response to Original message |
2. +1000... |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:00 AM Response to Original message |
3. And of course poor and middle class Americans are the ones hurt the most by Ben's policy |
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upi402 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:02 AM Response to Original message |
4. sure would be nice to have someone on our side |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:05 AM Response to Reply #4 |
6. Well, if you ask me, Bernanke is that guy. |
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upi402 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:39 AM Response to Reply #6 |
9. Being in the reasonable middle DOES draw fire from all sides |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:52 AM Response to Reply #9 |
10. Why do you think keeping interest rates low hurts them? |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 12:27 PM Response to Reply #10 |
15. So you don't think low interests rates and money printing have any drawbacks? |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 12:47 PM Response to Reply #15 |
16. Not now. |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 01:04 PM Response to Reply #16 |
20. Core inflation doesn't take into account food and energy prices |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 01:32 PM Response to Reply #20 |
21. I think energy and food prices are reacting to real world shortages. |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 02:12 PM Response to Reply #21 |
23. Easy money policies lead to speculation and rising asset prices |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 02:35 PM Response to Reply #23 |
24. It doesn't take a 30% increase in demand to raise prices 30%. |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 02:59 PM Response to Reply #24 |
26. You should look at who supports QE |
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upi402 (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 04:20 PM Response to Reply #26 |
28. Goldman Sachs Supports the Decision of the Fed for Further Quantitative Easing |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:03 AM Response to Original message |
5. I think this is mostly wrong. |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 12:09 PM Response to Reply #5 |
14. So where are the jobs? |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 12:49 PM Response to Reply #14 |
17. :) |
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Cali_Democrat (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 12:56 PM Response to Reply #17 |
18. Considering how many jobs we lost in the Great Recession.... |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 12:59 PM Response to Reply #5 |
19. Plutocrats do not want high interest rates. |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 01:53 PM Response to Reply #19 |
22. That's only one of their strategies. |
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AndyTiedye (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:21 AM Response to Original message |
7. Going to a Tight Money Policy (High Interest Rates) Now Would Make Lots of Jobs Go Away |
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dawg (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:56 AM Response to Reply #7 |
12. Amen. |
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Imagevision (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 10:53 AM Response to Original message |
11. Exactly! wait until the hurricane season hits and watch pump prices |
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chaska (1000+ posts) Send PM | Profile | Ignore | Wed Apr-20-11 03:35 PM Response to Original message |
27. Make no mistake, speculation is inextricably linked to scarcity.... |
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DU AdBot (1000+ posts) | Wed Apr 24th 2024, 03:06 AM Response to Original message |
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