To the Editor,
Re: Price fixing of gas getting ridiculous, Letters, April 19.
J. Sharpe takes aim at the wrong target in his complaints about high gasoline prices.
Gasoline like gold or silver has a fixed value.
As a kid, I paid $0.12 per gallon and it took me 60 miles on my motor bike. Today, 60-plus years later, it still does, but I pay $6.60 a gallon.
It is the value of the Canadian dollar that is vanishing in front of our eyes.
Why? Ottawa is agressively printing more and more paper money that has no value.
I think it is criminal to do this, but politicians love it because they can balance deficit budgets and finance hare-brained schemes like the F-35 jets.
The inflation that it causes is a tax that purloins the purchasing power value from citizens’ savings and pay packets.
The average citizen cannot see it.
Alastair James Berry
Nanaimo
