Friday, February 03, 2006
Folks, as you know, we're getting closer to a time when oil production must decline. It's a simple fact. There may be debate as to when and how severely it will affect the economy and our lives, but it's coming. There's something else on it's merry way as well. INFLATION. It's just as sure as peak oil. Why? The government has been having the Fed print dollars as quickly as they can load ink into the presses. That inflates the money supply, which IS inflation. The following rise in prices is just a by product. http://news.yahoo.com/s/csm/20060203/ts_csm/apocket;_ylt=AvEHZGp22unm5hz9Ip.gTK2s0NUE;_ylu=X3oDMTA3b2NibDltBHNlYwM3MTY- News is beginning to surface that not only are workers getting the short end of the wage stick, with some corporations recording record profits. (There's no need to mention any oil companies is there?) The rise in costs is then "sqeezing" workers. Like we suggest at Smart Energy Alternatives time and again folks . . . get out and stay out of debt. Be ready for the worst. What have you got to lose? If the worst doesn't come . . . you're out of debt, have some savings and better prepared for retirement. If the worst happens, with fas-rising prices, expensive fuels and angry people fighting over scarse energy resources, you'll be ready to take care of yourself and your family. Stay tuned. http://www.smartenergyalternatives.com/

0 Comments:
Post a Comment
<< Home