InvestorsHub Logo
Followers 7
Posts 837
Boards Moderated 0
Alias Born 04/22/2003

Re: Long-vestor post# 1985

Wednesday, 11/07/2007 2:16:10 PM

Wednesday, November 07, 2007 2:16:10 PM

Post# of 8313
Well, it's not just gas prices... it's energy price increases en generale. That creates a huge inflationary force that can only be battled by the Fed (even though Bernanke isn't quite the inflation warrior that Greenspan was) with higher interest rates. Ergo, the cure to the problem actually causes some worse problems in our factionalized economy... housing will continue to struggle with higher rates, small biz gets wacked because they are generally leveraged more than the big guys, and small biz employs two-thirds of America's workers. The oil price ripple affects a lot more than just gas prices... I wish it was that simple.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.