[extropy-chat] how partisanship skews perception

Alfio Puglisi puglisi at arcetri.astro.it
Sun Oct 24 15:02:07 UTC 2004


On Sun, 24 Oct 2004, Mike Lorrey wrote:

>further devalued the dollar. All of this 50% devaluation of the dollar
>has resulted in inflation of oil prices. A $50/bbl oil price today is
>internationally no different from a $25/bbl oil price in 2002.

That's quite true. The Euro zone is not seeing such a marked increase of
the oil price as the dollar zone, since the dollar fell in the meantime.
Gas prices here are around 15% higher than in 2002, without taking
inflation into account, so in real terms it's a bit less.

Alfio



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