John Mangun, one of the few columnists with substance in
print media, tells it as it is [new tab]: oil price increases are primarily induced by
central bank printing of monetary notes.
If the price of oil is to be compared to gold’s, they are
pretty much in step from 50 years ago to now.
Let us celebrate the telling of the truth in a newspaper
that has more than a dozen readers (more like a hundred thousand).
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