NEWS FLASH: debasing a currency causes prices to rise!
Well, it’s apparently news to these guys, who stumbled upon a study that backs up what Ron Paul (and the rest of the Austrian school) have been pointing out all along — it’s not that oil is becoming so much more valuable, it’s that fiat paper is becoming less valuable.
Gee whiz. (Thanks to Arnim Sauerbier for the link.)
Click here for the original article and graph in PDF format.
