The David Lin Report · Thursday, July 30, 2026
Milton Berg argues that oil prices are a political issue and should be ignored by the Federal Reserve when setting monetary policy. He believes that in a properly managed economy, an increase in oil prices should lead to a decrease in other prices.
“And not worry about the information that's really not relevant like oil prices. Oil prices are really not relevant to Fed policy. Fed should just ignore oil prices.”
“Oil prices are a political issue. And if oil prices go up, then other prices should come down in the, and the, in the, in the economy that's managed properly.”