CLA Safflower Oil Review
Countries like Iran, Kenya, and Venezuela that depend on importing oil for their economic
growth. They become exposed to other nations and basically taken advantage of. Countries
must decrease oil prices to match the lower world price. While the production costs increase
and cause a negative return for the country. This is usually when The Federal Reserve begins
to intervene and manage economies. CLA Safflower Oil Review Intentions are to
restructure the economy to suit the sudden change in oil price which has affected the entire
world. However, many economists have argued that manipulating monetary policies increases
the problem. Bodnar writes, "The Fed's efforts to direct the economy may be, as I said in my
column, a classic case of hubris. In fact, the Fed's zero-interest-rate policy may actually have
backfired, perversely contributing to oil's sudden price drop.
As economist Ed Yardeni observes, investors desperately seeking better returns piled into
high-yield bonds issued by energy companies and energy-producing countries." (Bodnar
pg.6) Investors were shocked soon after to see a large decrease in oil prices. Any sort of
stock or bond issued by an energy company was devalued to almost nothing. The affects
were not just felt on http://clasaffloweroilpillsreview.com/ stocks and bonds. From
Bodnar's article you find out that interest and exchange rates were also adjusted prior to the
drop and after. The Fed thought if they adjusted rates that it would ease the economic
decline. However, the exact opposite happened. Economies began to spiral into an even
deeper recession.