HiramQuick: “I don’t know where you have been hiding but most 10 mpg contraptions have hit the boneyards 2 decades ago.”
LOL. True, except for my old F250. Nevertheless, I’m curious what Flavius would do to “fix” the problem. The only correct answer for a conservative is to let the market fix it. Case in point, my truck. It drinks gas like there’s no tomorrow, but it’s completely paid for and has gobs of power. Like any consumer, I’m constantly evaluating the use of the vehicle versus its cost. I end up using it only when I have a specific purpose that justifies the expense, such as hauling construction materials. That’s the beauty of the market. It ultimately produces the most economical outcome—the best use of resources. Government meddling only distorts the existing market, yet many nowadays see government as the solution to the very problems government has exacerbated. Essentially, even liberals understand this. For them, it’s a game of trying to find out how much they can strangle the goose without actually killing it.
Anyone who can analyze how our economy works, how it got that way and is able to see what has happened in the past realizes gov intervention is almost always a really bad idea.
I’m on the fence with speculative investing, especially futures for raw materials and the like... grain, fuel, etc.
Like it or not, speculative investment is THE reason energy prices are so high. Sure, there are some global economies contributing to the problem, but I think it’s safe to say the biggest hunk of over inflated fuel costs are due to the overgrown baseball card dealers who infect the market. Every time it rains heavy in TX or a refinery announces maint down time, prices surge. It stinks, but it is still likely best left to sort itself out. Our current market situation is a good example. It’s falling out of control as some would say. However much it sucks, I call it a long overdue adjustment. I think we all agree that this huge market slide we are watching will benefit us in the years to come, it makes us healthy again. I feel the same way about oil prices. The market will adjust... in the case of oil, eventually the market will have no more demand for it (or very little). Where the silver bullet will come from is still unknown, but as long as there is a profit in the solution, someone will cough one up eventually.
so you want me a single investor to fix a manipulated market place?
no actually I’m buying a 25-30 k hybrid garbage so that I can save 1000 dollars a year while watching another oil crash
not so much
happy trails