Nickname: Eric
Review: Bernanke is a God-send. Just wish the rest of these morons who are so used to being told how to trade (yes, hedge funds) would blow out a couple of times, so we could actually get some "real" by-the-numbers trading done. Look, this guy is great for the marketplace. He is giving the market the opportunity to make up its own mind about where things are headed. Last time I checked, that's what the Fed Chairman is supposed to do.
Date reviewed: Jun 13, 2006 12:13 AM
Nickname: alan
Review: Bernanke's mistaken. You can't cool core inflation by raising interest rates, if the real cause is the incredible price increases in the price of oil, which is what is driving prices up for almost everything else.
Our government needs to take a leadership role in forcing us to conserve oil and gasoline.
Mandatory fuel saving speed limit of 55 mpg on the highways, would probably cause gasoline prices to plummet.
Longer term, vehicles that get between 35 and 50 miles per gallon would help cut our dependence on foreign oil, and cut inflation by almost half.
Solar panels on all houses in the sunbelt, etc., would also go along way to lowering our trade imbalance.
regards, alan
Date reviewed: Jun 11, 2006 3:17 AM
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