tag:blogger.com,1999:blog-2335748440449035592.post4966590282859797794..comments2007-12-14T14:05:14.496-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-2335748440449035592.post-89349927333218345952007-12-14T14:05:00.000-05:002007-12-14T14:05:00.000-05:00James where are you in Europe? just curious.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-86781439101591720412007-12-14T02:58:00.000-05:002007-12-14T02:58:00.000-05:00Yes, the fed enemy is risgin energy prices and its impact on inflation. This trend will continue for at least a decade may be more.<BR/><BR/>What can the fed do? How can the fed reduce the energy bill? There is only one way and it is to support a stronger dollar.<BR/><BR/>The dollar is falling for the last year and energy prices have been rising. In Europe with our strong euro we have enjoyed a smaller inflation because of our strong currency. If the trend (weaker dollar, stronger euro) were to reverse itself we would have a higher inflation in Europe and less inflation in the US due to energy prices.<BR/><BR/>If the Fed wants to keep inflation in check, they have to do whatever they can to increase the value of the dollar.Jameshttp://www.blogger.com/profile/12148812332636319549noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-91032473665846724052007-12-13T11:00:00.000-05:002007-12-13T11:00:00.000-05:00Am I the only one confused by the presentation of the core CPI that excludes energy prices simultaneously with a positive retail sales report that includes gasoline sales? <BR/><BR/>Half of the increase in retail sales was gasoline.msbnoreply@blogger.com