What is the big deal about gas prices?

[Mallow]

Originally posted by: desy
So before everybody jumps in and screams how inflationary this will be affecting prices for virtually everything.
Consider this, the fed is considering raising interest rates to 'cool' the economy. with rising fuel prices they won't need to to do this so the cost of borrowing will be lower so mortgages and car loans will be cheaper for all.
If they raised the prime lending rates I would pay more for any loans I had out. I can choose to buy or not buy gas I can't choose what loan rate I will get.

I'm sure that post was well thought out but it didn't make much sense to me :/