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Hi Tom,
I'm in a little disagreement on this. I believe that governments in the
Middle East and South America have a major say in production. I agree that its
all about Supply and Demand. The only problem no-one trust anyone.
If the US was to boycott gasoline for 30 days it would hurt the US more than
our friendly friends who sell it to us.
TradeWell,
Joe Frabosilio
Tom Bowen wrote:
> Fuel for thought.
> Is it the government or the oil companies that set the price of gasoline?
> Answer = neither
> It is the American people who set the price of goods and services.
> If we band together and stop buying a good or service for just 30 days the
> price will plummet.
> The corporations and their distributors providing these goods and services
> cannot withstand a 30 day period of 0 sales revenue.
> Their stock would plummet and the management teams would loose their high
> paying jobs.
> The price of just about everything is out of control and it is our own fault
> because we continue to pay the inflated prices.
> We have no one to blame but ourselves.
>
> ----- Original Message -----
> From: "Ira Tunik" <ist@xxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Friday, June 16, 2000 5:24 PM
> Subject: [RT] Inflation??????
>
> > I think it is wonderful that the government can make the majority of us
> > feel good about paying only $2.00+ per gallon for gas because those in
> > Chicago are paying 40 cents more. When will the insanity end? It
> > appears that they can fool the majority of the people most of the time.
> >
> >
> >
> >
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