Oil at $107 barrel

[Stormlight]

Originally Posted by 1Samuel8

The value of the dollar is influenced by other aspects of monetary policy too. The current housing crisis is a result of the Fed increasing the money supply too much, giving too much money to the banks and the banks offer cheaper and cheaper loans.

The housing crisis is due to a number of factors, but not that the fed gave too much money to the banks: extremely low interest rates, lax or non-existing lending standards, greed to name a few.