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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Steve Lokness who wrote (17612)8/12/2004 10:04:54 AM
From: Silver Super Bull  Read Replies (3) of 110194
 
Steve,

RE: "PS: This is no prediction of where oil prices will go."

Kudlow made a very interesting remark the other day. He said that the Fed would increase interest rates if oil prices continue to head higher, because of an 'institutional memory' at the Fed with regard to what happened during the '70s.

My biggest question is how much of this price increase in oil is a manifestation of inflation (i.e. caused by Russ's "FFIP")

DB
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