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The truth about Libya. Is Inflation increasing because of Libya?


Asked by Anonymous at 1:44 PM on Apr. 30, 2011 in Politics & Current Events

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Answers (8)
  • No! Italy buys ALL of Libya's Oil. We dont get one drop of it. The Oil speculators on the stock exchange are the ones driving up the price of Oil.

    Answer by vbruno at 1:48 PM on Apr. 30, 2011

  • Inflation is because of the Federal Reserve. Ben Bernanke decides if we are experiencing inflation or not.

    Answer by jesse123456 at 2:40 PM on Apr. 30, 2011

  • No the inflation is because the fed continues to print money. Running a printing press devalues the dollar and drives up the price of everything...even oil.

    Answer by yourspecialkid at 2:44 PM on Apr. 30, 2011

  • The Fed is over printing money, causing the devalue of our money. You money is worth less causing everything to go up in price.


    Answer by Natesmom507 at 12:16 AM on May. 1, 2011

  • What Jesse said!

    Answer by -Eilish- at 4:10 PM on Apr. 30, 2011

  • Libya is just a convenient excuse for the speculators to do what they are doing.


    Answer by mommom2000 at 2:38 PM on Apr. 30, 2011

  • Agree with Jesse. Look at the decisions made by Bernake et al...and it's not just Libya- also COs in Japan, Germany, Ireland....

    Answer by Sisteract at 3:37 PM on Apr. 30, 2011

  • iol companies are greedy bitches who think they need BILLIONS of dollars in profit, this would be fine if it didnt have to come at the expence of the working class, and the working poor. and why is this counrty so affraid of wind/water/solar power?!?!

    Answer by youlookin4me at 9:53 PM on Apr. 30, 2011