Gas Prices, Are they really high?

In 1947, Gas prices were $0.23 a gallon. So, you could buy a gallon of gas with a 1947 Washington Quarter that was made out of 0.1808 troy ounces of silver.

Now, you can take that same 1947 quarter and it will only buy you about 80% of a gallon of gas.

This will only correlate to 1964 when the Federal Mint stopped issuing coins in Silver.

Who is it that we should place the blame on? Big companies? Government? No.
The Federal Reserve is the one who is able to print money at a moments notice, and with so much money being printed we have very much defaced our dollar. We are going to set our country into a hyper inflation if we do not change our course.

This chart does a very good job at showing the actual prices of gas, and then the continued price of gas at the 2008 inflation rates. Please click the image to see a larger view of it. For some people, it may be hard to understand, but the chart explains it very well.

This video is a first of it’s kind in the House Financial Committee. Ben Bernanke has actually agreed with Ron Paul on how the market is coming down.

How are there ways to fix this? Quite easy, really. Write letters to your Senator, Write letters to your Congressman. Demand that they are held accountable for the recent bail outs of Fannie and Freddie and how this will cause EVEN more inflation. Question their reasoning for continuing the funding for the war without time tables on bringing the troops home. Question your Congressmen on why we need to have troops in 130 countries around the world. If you don’t like their answers, Step up and run for their position. That is the only way for real change.