How much did gas jump in your area???
I live in the Albany, NY area and they went up about 25 cents in a week...
What is the plan for the dollar...they are letting it die, I wonder how much the economy can handle...
Gas Prices
Started by
MikeyG
, Oct 19 2009 05:11 PM
7 replies to this topic
#2
Mtrader
-
- Traders-Talk User
- 1,221 posts
Member
Posted 19 October 2009 - 05:15 PM
China, Japan, asian are not doing anything about their currencies, the only thing the FED can do is to kill the $$.
You are on your own. This is for demonstration only.
JV
JV
#3
MikeyG
-
- Traders-Talk User
- 2,858 posts
Member
Posted 19 October 2009 - 05:17 PM
China, Japan, asian are not doing anything about their currencies, the only thing the FED can do is to kill the $$.
If the dollar dies the economy gets buried with it...
#4
CLK
-
- Traders-Talk User
- 10,823 posts
Member
Posted 19 October 2009 - 08:45 PM
This is not the season for gas to be going up, it is probably due
to the economy picking up. Gas going up will be a big factor
in slowing growth in the near term if it goes up very much more.
#5
ysop
-
- Traders-Talk User
- 78 posts
Member
Posted 19 October 2009 - 09:04 PM
high gas price with high unemployment rate is killing economy . This is not recession recovery scenario in history. We might hit stagflation!!
http://finance.yahoo...-...set=&ccode=
http://finance.yahoo...-...set=&ccode=
#6
MikeyG
-
- Traders-Talk User
- 2,858 posts
Member
Posted 19 October 2009 - 09:15 PM
This is not the season for gas to be going up, it is probably due
to the economy picking up. Gas going up will be a big factor
in slowing growth in the near term if it goes up very much more.
The us peso just hit another low...
#7
momac
-
- Traders-Talk User
- 15 posts
Member
#8
goldswinger
-
- Traders-Talk User
- 2,612 posts
Member
Posted 19 October 2009 - 10:10 PM
Great story, it technically clarifies what caused the Dollar rise in '08 and what will cause it to rise again! in spite of Fed "printing"..................... we have a somewhat precarious funding issue with all foreign banks .....again.....
GS.
