--Ever wonder why we have inflation? Why do things get more expensive? For instance, why is gas twice as much per gallon as it was 20 yrs ago? This is usually passed off as a basic supply/demand cause-and-effect. As the world consumes the global supply of oil (including an annual increase in consumption), it would make sense that the price would go up proportionately. However, let me illustrate how this is not the case...
Monday, February 25, 2008
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