Most of the Cappy Cap readers have no idea how many internet trolls I have that I screen out on a regular basis. The most recent one was some idiot that started off good, but then frankly, just started talking nonsense.
And to display intellectual honesty, I will post opposing views, such as Ed Kohler, who, though we disagree on everything, has maintained a civil tone and made his disagreements not only with politeness, but more importantly, with logic and intellectual honesty.
You are more likely to get banned from posting on this forum, not if you disagree with me or even insult me, but if you make outright stupid or blatantly wrong statements. Especially if I think you yourself don't believe them and are just posting because you have an ulterior political agenda and have no moral qualms about you to push that agenda ahead of truth or honesty.
Regardless, just out of sheer "I told you so"- ness, I am posting this chart that utterly obliterates this latest troll's contention that the price of oil has NOT gone up because of the decreasing dollar, but because of big oil (be thankful I spared you his idiotic blathering posts).
As you can plainly see the price of commodities has gone up more in dollar terms than Euro terms. Commodities also include oil (for those of you in Rio Linda).
And if you were to do some interesting mathematics, this means that right now with gas at $3.15 a gallon down the road from me, it would (assuming equal taxation in Europe which is not the case, but for comparative purposes it is) be about $2.08 in Europe.
It's a sad day when the currency markets have less faith in America's productivity than Europe's. Yet, I'm sure if we churn out more communications majors that have work experience in Americorps this will tilt the currency markets into the dollar's favor.