http://money.cnn.com/2008/06/26/news/economy/fed_kohn.ap/index.htm?postversion=2008062613 Fed's Kohn says that emerging economies could lower commodity prices if they just curb demand. Nevermind that the sinking dollar is the main culprit. Nevermind that the US consumes more fuel than anyone else. Emerging economies are to blame for not curbing demand.
It is actually our fualt for trying to push our way of living on the rest of the world, we USED to have it good, until globalization. Fucking idiots and their franchises.