Beast Toast - View Single Post - BNN Interviews Paul van Eeden: The Fed is responsible for high gas prices

rightwinger · 07-04-2008, 03:04 AM

Eh...I figure it has more to do with the gigantic rise in demand. That'd be my guess. Especially in China. That's kind of the big event that's shifted the market.

I don't think it has as much to do with inflation. But...let's say the government decides to completely squash inflation. That would skyrocket unemployment, which wouldn't be good at all.

Also...RATSOADM, I know you are a "abolish the Fed" guy. But the guy in your video....is disagreeing with the policy of the Fed, not the existence of the Fed.

07-04-2008, 03:04 AM	#4 (permalink)
rightwinger Member Join Date: Jan 2008 Posts: 409	Eh...I figure it has more to do with the gigantic rise in demand. That'd be my guess. Especially in China. That's kind of the big event that's shifted the market. I don't think it has as much to do with inflation. But...let's say the government decides to completely squash inflation. That would skyrocket unemployment, which wouldn't be good at all. Also...RATSOADM, I know you are a "abolish the Fed" guy. But the guy in your video....is disagreeing with the policy of the Fed, not the existence of the Fed. Last edited by rightwinger; 07-04-2008 at 03:44 AM.