The powers that be will just not allow it. The trouble is Asia will soon be the masters, and the american fed will be no more.
Quote from jbride12:
A lot of contrarians are betting the other way on oil. instead of $120/barell the bet is sub $60. would be nice to fill up the tank with some of that ....
http://www.profitquotes.com/commodities-quotes.mpl?a=detailed&ticker=/CL7Z
Quote from stock_trad3r:
Rising commodity prices are non inflationary. This is a very good sign. Also, gas and energy prices for consumers is in line with inflation. Paying an extra 20-40 cents a year at the pump won't strain the consumer at all. Neither will rising heating oil.
Quote from myminitrading:
Your in denial, or you don't grocery shop.
Quote from stock_trad3r:
Overtime food prices WILL rise. Why is this a surprise? You can't pass off anecdotal or personal evidence as fact. Just because you think food prices are rising too quickly doesn't mean all of America has the same opinion.