Ron Paul on $100 Oil and the Root Cause: Nh Debate 1-5-2008

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Ron Paul on $100 Oil and the Root Cause: Nh Debate 1-5-2008
Ron Paul explains the increasing price of oil as being due to the depreciation of the dollar by the Federal Reserve, and a warmongering policy in the Middle East. He notes that oil was $27 a barrel when Bush went to war to protect "our" oil. He mentioned a WSJ chart that shows that oil is up 350% in terms of dollars, 200% in terms of the Euro, and flat in terms of gold.
Tags: Federal Reserve , Ron Paul , Business , News , Politics , Television , Video Clips 
Jan 5, 2008 11:32 PM
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jaxon
Re: Ron Paul on $100 Oil and the Root Cause: Nh Debate 1-5-2008
Chart: Oil price denominated in dollars, Euros, and gold ounces.

http://i14.tinypic.com/8ajy8ad.gif

By: jaxon
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