There's a school of thought that says if the Fed would stop dropping the
interest rate and start raising them, it would stop inflationary trends and
decrease the rate of oil price increases. Problem is, it would also
decrease the money supply but since no one is spending money and there is a
credit crunch, I don't think it'd have that much of an effect on that.
Kat
Original Message:
-----------------
From: Virginia Perry [log in to unmask]
Date: Tue, 29 Apr 2008 11:37:24 -0600
To: [log in to unmask]
Subject: Re: 10 dollar a gallon gas?
I'd heard $7, so $10 is much worse. I think we'll be buying a scooter with
our economic stimulus check.
> Date: Mon, 28 Apr 2008 23:18:31 -0700> From: [log in to unmask]>
Subject: 10 dollar a gallon gas?> To: [log in to unmask]> > i just
heard a prediction og gas going to 10 dollars a gallon here by next year. >
> if it does whatever party wins the election in november will be wrecked
for years to come as a depression will do that. > > i wonder how we pwd
will fare in a depression. i fear it will not be well. > > >
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