Van Norris
2008-05-09 12:59:36
I am surprised that the above list does not mention the easy monetary policies of the Fed, that has substantially contributed to, and accelerated the devaluation of the dollar, thereby encouraging commodities speculation, foreign export, and particularly higher oil prices. Many countries peg to or off of the dollar, and our economic decisions of “more of the same” to alleviate the substandard mortgage crisis has thereby contributed to global inflation.
