Posts Tagged ‘oil prices’

Soaring Gasoline Prices: Why the President Wants You to Pay More


Thursday February 21st, 2013   •   Posted by K. Lloyd Billingsley at 9:53am PST   •   27 Comments

Gasoline prices are up 75 cents a gallon since December and now double what they were when President Obama was inaugurated. Motorists in southern California are already paying more than $5 a gallon and prices are headed resolutely skyward. What could be the reason? First, understand that soaring gasoline prices are not due to…
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The Return of Stagflation


Sunday November 28th, 2010   •   Posted by Alvaro Vargas Llosa at 4:07pm PST   •   2 Comments

We are entering an era of high inflation, to judge by the massive growth of the money supply in the United States, Europe and Asia, and the stubbornness of central bankers who insist that high unemployment demands the creation of even more money. The last time the world went through a similar period was…
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