Wednesday, December 20, 2006

Oil

Unfortunately, I am forecasting an increase in the price of oil compared to other dollar-value goods. Since the world's oil will no longer be traded exclusively in dollars, we will pay more dollars for oil. This means that oil prices for dollar holders should be rising.

What options does this produce?

Thursday, December 07, 2006

Interest rates being high implies that the return on borrowed money should be high, yes? But in this low-return economy, how can that be so? It this rewarding fortunes, megafinance, and saving? Is it reigning in entrepreneurship and lending/borrowing in a poor economy?

Perhaps the rates *should* be lower.