"There’s no comparable problem with commodities like wheat or oil, where the price changes minute by minute, and goes down as easily as it goes up."
Paul Krugman writes that bizarre statement here. I don't know if he is just in denial or has an agenda, but he is wrong, wrong, WRONG, and most people paying attention know it. The price of oil does not and will not go down easily. It will never go down significantly and the prices of everything else will continue to rise as oil prices rise. That will be disastrous for the United States.