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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Mike Johnston who wrote (75028)2/21/2008 4:40:38 PM
From: SouthFloridaGuy  Read Replies (3) of 116555
 
So what is your solution?

What should the Fed do which would alleviate all the things you mentioned.

To me you are implying that if the Fed were to raise interest rates to 12% or something like that, then food prices would go down because Indians and Chinese would begin to watch their carbs.

I'm sure people will be worrying about a lot worse things then $3 gas, which is still way cheaper than Evian.

By the way, I was just in Europe and it ain't cheap, even for the Europeans. They all want to come here.
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