We could invade the Federal Reserve Bank and force interest rates up. That would cause the value of the dollar to rise on world markets and consequently cause the price of oil to drop.
“We could invade the Federal Reserve Bank and force interest rates up. That would cause the value of the dollar to rise on world markets and consequently cause the price of oil to drop.”
You say that in jest, but it is not far from the truth. Artificial suppression of interest rates has contributed to a different type of inflation (vs price inflation) through the unbridled purchase of goods from abroad and the devalued dollar. Sooner or later it WILL be reflected in prices.