Because we have too much paper money and the volume of the paper money increases rapidly
Because it is artificially controlled. While the Oil companies would like you to believe it's supply and demand... that is only partially the truth.
The US Dollar is the basis of trade. US Dollars are FIAT money... printed with zero backing. The value is only whatever is perceived by the public. The Government says it has value so it does... until people stop believing in it.
The reality is the oil prices will always be manipulated for the most profit for the people who control the money supply... the shareholders.
People think that inflation is "rising prices"... but it's actually not. Inflation is the expansion of the money supply. Rising prices are a symptom of the expansion. In simpler terms inflation is the devaluation of the dollar because there is additional FIAT money flooding the market.
by Phyllis Doyle Burns 4 years ago
What is a fair price for a tooth?When my kids were little the Tooth Faerie paid one dollar for each tooth they lost. When I was a child, the Tooth Faerie paid a nickel for each tooth. I wonder what the value of a child's lost tooth is now?
by Don A. Hoglund 6 years ago
I know that the government printing money in excess leads to inflation and devaluing the dollar. How does the use by consumers of credit cards have? I personally use very little cash and I hardly know what the money looks like anymore. I put much stuff on a credit card and pay it off monthly. That...
by Alexander Pease 7 years ago
What do you think makes the price of gas so high?Is it the company making the prices go up, or is it another factor like, exporting/importing, etc.
by Sudhir 4 months ago
Hi Hubbers,I'd like some help with passing the Quality Assessment Process. Will you please give feedback on my article What is Inflation?. What can I do to improve? Thanks!
by PhoenixV 2 years ago
Why Would Raising The Minimum Wage To $15 Be A Bad Thing?What would happen to small mom and pop businesses and their employees? Would this make less competition for large corporations? Will the price of common goods go up? Would it create inflation?
by Castlepaloma 3 years ago
If you think this government is working. Please explain to anyone why the average person earns less wages today, than 35 years ago? Why is the cost of living gone up ten times? Most people do not like their jobs or find it unsustainable along with housing and dealt. It gets worst, by the time...
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