Economics and Government

The price of essentials such as gas and others are on the rise. People are stuck in debt, and the fed plans to stop lowering rates. This seems inconsistant. The future seems highly speculative whether 2008 will be prosperous or perilous. This is not a good time to tighten money. Uncertain times necessitate easily borrowable times, either to get people out of choking loans, or to facilitate the buying of necessities. In the face of what might be a reccession, we need to have investable funds at the ready, in order to stimulate activity. The worse case scenario with increasing rates is that we do in fact face prosparity and some inflation occurs, in which case, the fed-determined-low-rate loans will be easier to pay off at the high inflated price levels.