"I think this is something we are looking at, and we are discussing with people ways to best think about oil prices," he said at a media briefing on the run up to the IMF's and World Bank's annual meetings in Washington.
Loose policy, high commodities
Global commodity prices tend to rise in dollar terms when the Federal Reserve runs loose monetary policy.
This causes the US currency to fall in terms of other currencies with tighter monetary policy as well as against commodities and precious metals.
Money printing by the Fed in the past forced it to abandon the link between the US dollar and gold which used to be known as the gold standard.
The roots of the creation of the IMF also lay in the problem of central banks, i