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Originally Posted by Reformingstudent |
I hope that your posting was a bit facetious since the Lehman Bros. Report that you posted from April 25 stated that $120 oil was not real. Last Fri we broke the $126 p/b barrier.
I have to agree with Joshua though. It does appear that we are caught in a inflationary spiral fueled by big unnecessary wars, government overspending and consumer greed. The Masking of M3 numbers since March of '06 and the publication of the "false" core inflation rate don't help the analysis much though! Seriously, cutting out food, housing and energy and claiming that you have now calculated the “Core” inflation rate is a bit absurd, eh?
Never the less, I thank God that the value of his Son’s atonement is sufficient for all and will lack nothing in value ever! Hey ladies and gentlemen, remember that we are rich beyond measure.