Feds Should Raise Interest Rates

When will the Federal Reserve pull their collective heads out of the sand and realize that it is past time to raise interest rates instead of continuing to cut them?

They need to stabilize our currency now!

Further interest rate cuts fuel a weaker dollar and a weaker dollar translates into higher commodity prices, especially gasoline and fuels. If the Fed cuts interest rates further, then expect a further increase in gas and energy prices. As those prices increase, so too does the price of everything else.

The are on a policy of cutting interest rates (that banks charge to banks) and hurling us into inflation on basic goods and necessities that we have not seen in some time. The stagflation years of Jimmy Carter come to mind here.