Archive for March 7th, 2008
Price of Gas or Value of Money
According to Andrew Olson, the problem is not the price of gasoline, but the value of the Dollar.
In 1980, in Portland, Oregon, I typically filled up, under these draconian conditions, for an average of $1.24 per gallon. Adjusted for inflation, this comes out to $3.18 today. (I filled up in Lodi, NJ, last weekend for […]
Posted: March 7th, 2008 under Economics.
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