[FightThePower!]

Bernanke will NEVER get rising housing prices unless we have rising incomes. How can housing go up say 10% per year if incomes remain flat?

[Lorianne]

Why Gas Prices Are Actually Falling
http://whiskeyandgunpowder.com/why-gas-prices-are-actually-falling/

When viewed in relation to gold, gas prices are low…only 82% of their average over the past 41 years.

“Gas prices aren’t high. The dollar is just falling, its value being undermined by politically-driven over-issue. So if you count the Fed-issued dollars as money — and are actually using it as a savings vehicles — then your world is being rocked by rising gas prices (and rising prices in everything else, too, except for computing power).”

“Also the price of oil has tended to track the price of silver awfully closely for about as long as oil has been industrially useful. And so it’s no mistake that you can still get a gallon of gas for about about $0.20…as long as that $0.20 is composed of a pre-1964 90% silver dimes.”

[hinckley buzzard]

That is the unspoken take home message from this article. Neither the Fed nor the gubmint has any idea what to do to enable things to start getting better. The solutions are there, waiting in the wings of the free market, but none of them consider freeing up the markets as an option. Stupidity all around, not just about oil.

[Rich21IE]

I’ve studied on economics all my life since the age of 15 and I don’t understand whats going on with this. I understand what they’re trying to do, the devaluation of the currency, but I am confounded to explain the trillions of dollars of U.S. investment capital sitting on the sidelines with historic low interest rates. The only explanation I can come up with is investor fear of “political risk”.