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Morton Fox
What the Price of Gas Tells Us | Frank Holmes | FINANCIAL SENSE - http://www.financialsense.com/contrib...
What the Price of Gas Tells Us | Frank Holmes | FINANCIAL SENSE
What the Price of Gas Tells Us | Frank Holmes | FINANCIAL SENSE
What the Price of Gas Tells Us | Frank Holmes | FINANCIAL SENSE
"With an increased dependency on our cars these days to get to work, school and grocery stores, the price of gas is a constant reminder of how “rich” we feel. When it seems as if filling the SUV costs an arm and a leg, we shift patterns by carpooling, forgoing the trip to the beach or decreasing spending elsewhere. On the other hand, falling gas prices act like a stimulus—according to the Wall Street Journal, “a 10-cent drop in prices can add about 0.1 percent to disposable household income.”" - Morton Fox from Bookmarklet