So you're not going to respond> Just pick random points and claim they
mean other things?

.


On Tue, Apr 26, 2011 at 9:00 PM, Gruss Gott <grussg...@gmail.com> wrote:
>
> Sam <sammyc...@gmail.com> wrote:
>>
>> Prices of those items have gone up but they are not traded in dollars
>> so it depends on the value of the currency used. Also, a company like
>> BMW is going to be willing to take a pay cut to stay in the market. If
>> they lose dealerships now then they're gone for the long hall.
>>
>> And that's by bar stool economics class.
>>
>> Do I pass?
>
> Well it's an interesting theory that leaves a few questions:
>
> (1.) According to the nationwide Lundberg Survey, self-serve regular
> unleaded gas was $3.88 a gallon on April 22, up 11.53 cents per gallon
> from April 8.  Now that's odd according to your theory given that QE2
> is almost over, yet we've had a big jump very recently.  If this is
> due to the Fed buying bonds, why the sudden jump?
>
> (2.) Speaking of QE2 ... QE1 started in George Bush's term, on Nov
> 25th 2008: 
> http://www.federalreserve.gov/newsevents/press/monetary/20081125b.htm
>  In other word, it was George Bush that was the original money printer
> - so why didn't gas start rising then?
>
> (3.) Speaking of George Bush, the all-time high gas price happened
> during his term - on July 11, 2008.  So that must mean he's REALLY bad
> for the economy then?
>
> So to sum up it sounds like you're saying, based on gas prices
>
> (a.) Bush was horrible for the US economy, and
>
> (b.) Obama, even though he hasn't fixed things, surely isn't as bad as Bush 
> was.
>
> I guess you're right

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