But the monetary policy committee know that rising commodity prices could yet come to bite us in the next few months.

BBC: Wet weather helps Bank's inflation forecast

Or how the head of the Gold Anti-Trust Action Committee testified about gold manipulation before the Commodity Futures Tradition Commission and the camera conveniently malfunctioned?

FORBES: Gold ETFs And The Manipulation Game

Inflation has been high, but the Committee believes that the decline in energy and other commodity prices and the weaker prospects for economic activity have reduced the upside risks to inflation.

FORBES: Joint Statement by Central Banks

Though it would make sense to merge the SEC with the Commodity Futures Trading Commission, which regulates derivatives, Congress's powerful agriculture committee would probably block the move.

ECONOMIST: Overhauling financial regulation

Speaking before a 2007 U.S. Joint House Energy and Science Committee, he enthused that just a little legislative magic could convert bad carbon into an enormously profitable commodity.

FORBES: Magazine Article