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View Diary: BREAKING: Fed Launches $40-Billion-a-Month QE3 Stimulus (129 comments)

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  •  There is no connection between gas prices and.... (0+ / 0-)

    the money supply.  None.

    Gas prices are so unmoored from general inflation that they aren't even included in the basket of goods used to calculate overall inflation.

    Refinery fires, OPEC actions, Libyan revolutions, and a thousand other things that have absolutely nothing to do with inflation cause gas prices to spike and drop.  Gas and food are particularly unmoored from general inflation.

    Art is the handmaid of human good.

    by joe from Lowell on Thu Sep 13, 2012 at 11:46:31 AM PDT

    [ Parent ]

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