The REAL reason beyond rising Oil Prices (even Mark Steyn doesn’t know)
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Today, I came across another excellent article by one of my favorite writers, Mark Steyn. In it he exposes the hypocritical posturing of politicians who are attempting to blame everyone’s favorite whipping boy, big oil (Booo! Hissss!), for the rise in oil prices. However, they naturally ignore the fact that all of them, in one form or another, advocates polices that are limiting the supply of oil, and is therefore driving up prices as well. You can read the article, in all its brilliance, here.
However, in my opinion, Steyn misses the SINGLE BIGGEST reason for the rise in oil prices, which is the decline of the US dollar. The article I found here talks about this in more depth. The only thing this article misses is that ALL CURRENCIES, as they are based on paper, are losing their value. That’s what the documentary I linked to before, Fiat Currency, talks about. This should be a major issue, but so few people understand it, including economists but especially politicians, it just isn’t. We’re in for some interesting times ahead …
