The Fed’s modelling shows higher inflation for 5+ quarters and real GDP losses for almost 20. And these are all from a 10% real oil price shock.
Coupled with LNG, helium, and fertilizer, and you are seeing the potential for COVID era economic outcomes, potentially on the inflation side. Unless we find an off ramp quickly.
TriXter69 on
It’s actually impressive how every decision Trump makes can collectivley harm everyone without fail. Knowing him, he probably thinks this is the perfect time to invade Cuba now
RealAmbassador4081 on
It will never be low like it was. They will drop it 75% and people will be relieved.
Just more corporate greed coming.
Everything will be going up. It all gets shipped, farmed, manufactured using OIL.
3 Comments
The Fed’s modelling shows higher inflation for 5+ quarters and real GDP losses for almost 20. And these are all from a 10% real oil price shock.
Coupled with LNG, helium, and fertilizer, and you are seeing the potential for COVID era economic outcomes, potentially on the inflation side. Unless we find an off ramp quickly.
It’s actually impressive how every decision Trump makes can collectivley harm everyone without fail. Knowing him, he probably thinks this is the perfect time to invade Cuba now
It will never be low like it was. They will drop it 75% and people will be relieved.
Just more corporate greed coming.
Everything will be going up. It all gets shipped, farmed, manufactured using OIL.