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Monday, November 18, 2024

The Bears Explain the Price of Gas (Special GOP Primary Edition)

Courtesy of ZeroHedge. View original post here.

Submitted by Tyler Durden.

In their own inimitable manner, the two bears are back to take on gas prices. Dismissing the higher demand thesis, concerns of the lack of supply, instability in the Middle East, and of course speculators (the same ones who were blamed for financial stocks' deterioration), our favorite speakers-of-the-truth point to what is the only relevant factor – the falling dollar. The Bernank once again stars for his schizophrenic perspective of asset price rises. Enjoy.

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