Oil & Gas Price Economics Message Board

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Gold/Mining/Energy : Oil & Gas Price Economics

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To: Alan Brezin who wrote (276)	9/23/2000 1:50:13 PM
From: rajaggs	Read Replies (1) of 350

>> Net net higher energy costs are recessionary, imo. << Yes they are but hasn't Greenspan being trying to put the brakes on an overheated US economy using interest rates. Why not let higher energy costs to that for him and leave interest rates alone. Managing the demand for money is not totally different from managing demand for oil and natural gas. In many ways one will accomplish what the other will, only in a different order. 'jaggs

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