boedicca
Uppity Water Nymph from the Land of Funk
- Feb 12, 2007
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if oil continues to go up in price, and the saudi's move to another currency other than the dollar to trade oil....it will be the end to life as we know it.....our credit rating will fall, other countries will stop owning the dollar, our government will keep printing money, and INFLATION will skyrocket.... along with unemployment....
gosh, am i doom and gloomer or a seer?
Food Care imho, more than oil...the UN index is at its highest point ever I believe and no small part of the ME angst either...we also just gave permission for the ethanol thieves to up the % mixture by a third to 15%.......and No I think you are right to be worried.
And conveniently, the Government excludes both food and energy from the inflation rate.