GoFuckYourself.com - Adult Webmaster Forum - View Single Post - FED cut once again, thank them for high price of oil

teomaxxx · 04-30-2008, 11:23 AM

Thank monetary policy of your FED, there is a huge speculation on oil. You are paying premium for oil mainly due FED and its current policy of weak dollar, which further drives speculation prices of oil up.
The most estimates on oil speculation says, that there is around 20-30 bucks premium due speculation on weak dollar. Thats what you get when you have FED trying to bailout its wallstreet friends, while they dont care about Joe6pack...

The Central Eurobank head even told it few weeks ago: "to cut interest rates at this point would be the same as taxing the people to bail out the banks. Cost of extra inflation would be the ultimate sign of moral hazard to save banks."

04-30-2008, 11:23 AM
teomaxxx Confirmed User Join Date: May 2003 Posts: 2,734	FED cut once again, thank them for high price of oil Thank monetary policy of your FED, there is a huge speculation on oil. You are paying premium for oil mainly due FED and its current policy of weak dollar, which further drives speculation prices of oil up. The most estimates on oil speculation says, that there is around 20-30 bucks premium due speculation on weak dollar. Thats what you get when you have FED trying to bailout its wallstreet friends, while they dont care about Joe6pack... The Central Eurobank head even told it few weeks ago: "to cut interest rates at this point would be the same as taxing the people to bail out the banks. Cost of extra inflation would be the ultimate sign of moral hazard to save banks."