High gas prices keep getting higher

Wade Bay St Louis wrote:

Heres one for you its from earlier this year:
n 1964, 3 silver dimes could buy you a gallon of gas (about 27¢/gallon); At the current rate of silver, the metal value of 3 silver dimes would be about $3, just enough for a gallon of gas.
I checked the math. Silver was $1.29/ounce in 1964, according to Kitco.com . Today's spot price is $12.93, again, according to Kitco. According to 1960sFlashback.com , gasoline was 30¢/gallon in 1964. And according to MSN, a gallon of gas in Charlottesville today ranges from $2.27 to $2.59/gallon.
So if anything, gasoline has gotten cheaper. At least by the silver standard. By the gold standard ($35.10/ounce in 1964 versus $650/ounce today), we should expect a gallon of gasoline to cost $5.55 in present dollars, so by gold-standard prices, gasoline prices have fallen significantly.…
Today's spot price for silver is $18.20. That would put a gallon of gas at $4.23.
In Charlottesville, gas prices range from $3.71 to $3.92 per gallon.
So Gas hasn't really gone up the Dollar has gone down!
Something to think about if Gold was $5k per OZ a loaf of bread would be $500! Gallon of gas Only God knows!
Thanks Federal Reserve!( btw they have nothing to do with the federal Gov. they regulate the value of the Dollar )

Thanks Idiot wrote:

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That was the dumbest rant I've ever read. If you have any sense you realize that silver has nothing on God's earth to do with gas. We can't make silver, we can make gas and there is plenty of oil, we just have to be willing to drill for it.

Celtic Wisdom wrote:

The price of oil and gasoline were increasing long before the democrats took over.