Page 17 - Dollar Down News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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That worse. to already have the fiscal policy, to be trying at least some days to drive the dollar down, to be trying to strip away some of the protections and financial regulations to make the system safe when there's a down turn. i think it's a very risky strategy. you can always drink a lot and feel good, but that doesn't mean that things are good and that they're going to stay good. >> larry summers, very tough prescription. thank you very much for your diagnosis. and coming up, fighting back. mayors from across the country boycotting a meeting with the president, after a surprise crackdow...

Morning. the average price for regular across the country is now $3.53. you're up close to 20 cents since monday of last year. that is a spike. >>steve: why is that? >> trot out the usual suspects. the refiners, the oil companies, conspiracy theories or supply and demand. i think it's because ben bernanke is printing dollars up like a storm and that is lowering the value of the u.s. dollar. that means that oil goes up. that's what happens. when you print money, dollar down, oil up, gas up. i think that's what's happening. >>brian: a lot of people use this opportunity to start ripping oil compa...

Farmers use diesel in their tractors. that makes growing the food more expensive. reason number two, the u.s. dollar is down. when the dollar goes down, up goes the cost of basic food stuffs like wheat, like soybeans, like corn and, of course, like oil. that's what happens. dollar down, basic commodities go up. and, megyn, i have to tell you that this drives people crazy. the government says the official inflation rate 2.9% over the past year. try telling that to a consumer who's just spent $100 filling up their gas tank and $7 on, say, a small piece of cheese. it doesn't wash. they don't beli...