Jun 26, 2014
What you don't understand is multi-fold. Yeah, innovation will increase; but they won't allow it all. Just like we could already have vehicles on the road today getting 70 to 150+ mpg and could have for over a decade already, but they don't allow it, they crush it. When the prices go up for oil and gas, and it will, then prices will be higher for everything else. For those of us in the lower income brackets of $30k and under, or less than that in my own case, it'll be difficult just to have enough to eat in some cases. A dozen eggs for $1.89? Hardly! Try about $5 to $8 for a dozen or more. There will be some balance here in the early part of all of this over the next year or two, possibly three, but after that, forget it. It will spiral upwards out of control.