SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Ask Michael Burke
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Freedom Fighter who wrote (69262)10/19/1999 9:25:00 PM
From: Tommaso  Read Replies (2) of 132070
 
If oil prices hold up just wait till the crude hits the fan, to mix figures of speech.

Years ago, as a believer in Milton Friedman, I discounted a local attorney's estimation that "inflation is tied to energy prices." But now that the gold standard is largely ignored, what other commodity is there (and a wasting one at that) than oil, to set the values of everything else. Nothing runs without oil. or almost nothing. I guess the Internet is a very fuel-efficient operation--could probably run on solar energy. But not much else.

Oil seems headed upward--by jigs and jags--but upward.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News