Gale Hawkins
Super Star Member
- Joined
- Sep 20, 2009
- Messages
- 11,946
- Location
- Murray, KY
- Tractor
- 1948 Allis Chambers Model B 1976 265 MF / 1983 JD 310B Backhoe / 1966 Ford 3000 Diesel / 1980 3600 Diesel
I think everyone agrees getting off of fossil fuels is especially helpful to the poor since western governments can't control the price of fossil fuel supplies.When you tie energy to inflation, it is going to be comparable because energy prices feed inflation. As you may have noticed when fuel prices started climbing, inflation also climbed.
You can say that fuel prices are similar when compared to inflation but that is the problem, because fuel prices are one of the biggest factors in inflation. Justifying the high price of fuel because it is going up as fast as inflation is stupid when it causes inflation.
The biggest issue many people see is that not enough is being done to bring the price of fuel down so that inflation can be eased.
If you enjoy high fuel prices then you love high inflation. Unfortunately for many people on fixed incomes inflation affects their retirement in a bad way.
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