Rabu, 11 Januari 2012

how many do not believe that american big oil companies and hedge fund companies are to blame for the high cos

kekroodo-a tree fell and hit you in the head, you are not to blame.
darth scorn- total nut case, go play with the kids.
greg-you are an oil man’s kid or a second grader..
basskick- stay out of the rain.
people, check around, ask questions, then answer my question. ask what single item has caused the prices of everything we use to skyrocket, use your brain this time.

I blame OPEC which controls alot of the production of oil along with the devaluing of the dollar, OPEC nations are unwilling to increase supply by pumping more as demand grows since it would lower the average profit they make from the oil, while they raise prices to offset the fall in the price of dollar since you now need more dollars to pay the same amount, this leads to an increase in production costs for the companies which in turn is passed onto us the consumer and due to nature of globalization and almost all products being brought from far away any increase in oil prices has a knock-on effect on the price of goods since their transportation costs increase.

That’s the problem, everyone always trying to blame a single item when that is rarely the reality at hand. I blame the devalued dollar, OPEC, oil supply concerns and the US for not more aggressively subsidizing alternative energy options for the average consumer. I don’t blame hedge funds at all, and while I am bias from working in the industry I am also knowledgeable about how they invest and don’t seem them to blame.

- Richard

Hedge Fund Companies

More specifically, hedge fund companies that invest in mass media/film production studios.

I have this information but it’s going to cost you.

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