Re : Gas prices

Georgetown PA

Description

The price of gas isn't actually going up. What's actually happening is the value of the dollar is going down. However, for you to come to grips with this would require a quantum leap in economic education. Joe Biden instituted policies that resulted in a reduction of supply. By the laws of cause and effect, a reduced supply will cause an increase in price. Combine that with all the artificially created money that has been pumped into the system over the past couple of years and you get a recipe for explosive inflation. Also, as part of the quantum leap in economic education, You would have to begin to understand that inflation really means an increase in the money supply and that rising prices are a consequence of inflation. Most of you just call rising prices inflation, which I find to be very lazy and imprecise. A price shock is not the same thing as inflation. A price shock occurs when supply is suddenly reduced, or demand suddenly increases. The inverse of that is also true. A sudden increase in supply will cause reduced prices. A demand crash will also cause reduced prices. But you know, I can prove these things with systems of linear equations. There are things they don't even teach in college. Colleges and Universities have engaged in economic indoctrination. The worst part is those that are indoctrinated don't believe or understand that they've been indoctrinated. If you want prices to stabilize, It would require banking reform at this point. You have to freeze the size of the money supply, which means the government would have to balance it's budget....it's a reality that neither party is willing to address with the exception of a few outliers that I've supported for years. {mic drop}