A critical creative look at issues of Economics, Politics and Finding a Purpose in Life - Let's talk about it. I try to leave the woodpile higher than I found it.
Sunday, January 27, 2008
I'm not alone in thinking Oil Prices can't hold up at these levels for long. See Word of the Lord 2008 for more
Just to be sure, no one except God knows what oil prices will do, but it looks like he's right again.
That' darned Omniscience keeps getting in the way of doubters.
I've read where oil prices have actually declined over the last so many years, it's just that the dollar has been debased so much by the Fed that it only appears that prices have gone up because of the dollar's declining value. But in any case, I'd welcome a decline in the number of dollars per gallon!
1 comment:
Gene,
I've read where oil prices have actually declined over the last so many years, it's just that the dollar has been debased so much by the Fed that it only appears that prices have gone up because of the dollar's declining value. But in any case, I'd welcome a decline in the number of dollars per gallon!
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