Great to hear Ron explain the increasing price of oil as being due to the depreciation of the dollar by the Federal Reserve, and a warmongering policy in the Middle East. He notes that oil was $27 a barrel when Bush went to war to protect “our” oil. He mentioned a WSJ chart that shows that oil is up 350% in terms of dollars, 200% in terms of the Euro, and flat in terms of gold. Funny to see Fred stunned by truth. A dollar as good as gold. It seems like science fiction, but it is possible. Indeed, it is essential, if we want to avoid banana republic standards.
By the way, why is “energy independence” (autarchy) desirable? It is economic primitivism, and more anti-Muslim hysteria. The Satanic Huckabee claims that everytime we swipe our credit card at the gas pump, we might as well be sending a check to the terrorists. What a demagogic monster.
Thanks to David for this YouTube of Ron’s statement on oil.
7:35 pm on January 5, 2008 Email Llewellyn H. Rockwell, Jr.
