Raising interest rates during the last rise in energy prices brought us the recession.
That will be Mr. Andrea Mitchell's legacy.
Greenspan's version of econonomics escapes me.... the fed brought on the recession that President Bush inherited in '01, by raising interest rates in error, and they are trying their darndest to do the same thing now... like they can't STAND to have prosperity with minimal inflation.....
Energy prices and their effect on food and other goods should be in a separate category unless the government plans to put cost controls in place (I'm not advocating that BTW)....