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 <o:p></o:p> While the current Middle East crisis may be driving up oil prices, I believe that general price inflation of commodities is also beginning.  Depending on whom you believe, our fed policy of printing money will cause inflation.  Bernanke says it will cause inflation, but somehow that will be a good thing.  I don’t pretend to comprehend monetary policy and world currency trading, but I am not convinced anybody else does either, including the fed chairman.  Unless our economy starts to really boom, I don’t see how we are going to grow out of our current debt.     <o:p></o:p> I suppose that rising fuel prices might have some sort of silver lining effect, but I am not sure what.  One benefit might be that it will ease traffic congestion because fewer people will be driving.  But it will raise the price of everything that needs to be transported.  Add to that the general inflation of food, energy, and clothing, and I don’t see how any good comes from it.  I don’t see wages keeping up with it.  Social Security won’t keep up with it.
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