The Energy Problem Is a Case Like the Great Depression

I think the rate of inflation over the next several years will average somewhere between seven and nine %. Since interest rates tend to move up or down with inflation, i expect interest rates to be higher than they are now. That is, i think, the low point for a considerable period ahead. The only element of those wage and price controls that still exists of any significante is a control on the price of oil. If you had never had that weight and price control, and never had the price ofoil controlled, you would not be having any energy problem at all. You know, economists don't know much, but there's one thing we know very, very well, and that's