Oil jumps $24 per barrel just in one day

[Rmsanger 10+ year member]

I love how everyone last friday was soo exited over the $700B+ bailout and now they're shocked when the value of the dollar goes to shit.

This country's fiscal & monetary policies have been fuked up for almost a decade. Cut off your leg to save your hand.

 

[snoopdan 5,000+ posts]

I bet we're headed for another great depression.

 

[Banana Balls 5,000+ posts]

I bet we're headed for another great depression.

That would be epic awesome to see. I can't wait to take advantage of poor people during a depression.

 

[bigbangtheory 5,000+ posts]

I refuse to put more than 40 dollars in my car at one time anyway. I pwn logic!

 

[Rmsanger 10+ year member]

The interesting thing is that one of Bush's top economic advisors (Mankiw) had always been a proponent Fed & Fiscal policy that protected the value of the dollar and prevented against inflation.

The highly leveraged/pro-growth policies of this administration was a 180 from everything he ever wrote.