Price of oil has NOT gone up! -- Powerful graph!
Posted May 6th, 2008 by spacehabitats
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This is an article that needs to be on everyone's short list for educating the masses.
Most peoples eyes glaze over when you start to talk about the Fed and monetary policy, but everyone is interested in oil (and gasoline) prices.
If you understand this graph you can SHOW almost anyone why we need a stable currency and why the Fed is EVIL.
"Its the DOLLAR, Stupid!"
The graph in this article shows clearly that the "price" of oil has NOT gone up!
The price of oil PER OUNCE OF GOLD has not gone up!
It has remained virtually FLAT.
Through Katrina and the war in Iraq and political instability in Nigeria and the Middle East and the closing of oil refineries for "construction", etc. etc.... during all of this when we were being told that the price of oil was going up for all of these reasons, the TRUE price of oil has remained almost exactly the same!
It is the value of the DOLLAR that has gone DOWN!
Ron Paul has been telling us for years that there is no free lunch with the Federal Reserve and their irresponsible inflation of the fiat dollar (AKA, "Federal Reserve Note").
Notice that the Euro, which is also a fiat currency, fluctuated in step with the American dollar. It just didn't lose its value quite as fast. (Their printing presses churning out government-issued counterfeit money weren't working as fast as ours.)
We need to stop believing the big lies out of Washington that are designed to blind us to the truth.
Even the debates about developing oil fields in ecologically sensitive areas and global warming are SMOKE SCREENS AND DIVERSIONS for this politically explosive issue.
Our REAL wealth, the value of our savings, the very dollar itself,' is being systematically drained through the Federal Reserve's power to print money at will!
THIS is what we should be talking about.
THIS is what we should be forwarding to our friends and families.
THIS is the greatest threat to our freedom and national sovereignty.
Wake up, America!
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Another good link
This page has even more interesting graphs showing what happens when you compare dollars to gold for a number of commodities (from real estate to stocks):
http://www.runtogold.com/...