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High dollar to blame for rising gas prices

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