A Rate Hike Won't Fix Oil, It Will Only Make the Debt Worse
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A Rate Hike Won't Fix Oil, It Will Only Make the Debt Worse
Dave says hiking rates to fight an oil spike is the height of foolishness What is obvious is that raising rates to try to deal with an oil spike is the height of foolishness. If anything, it's negative. Not that investment will make any difference in the short run, because of course it will not....
Oil prices continue to rise, capital interest rates today reach the highest level in many years – this is a combination of an energy crisis with a debt crisis! Especially the price of diesel – globally central to transport and agriculture – reaches a new high, and now the US is also considering a diesel export ban after Russia. Saudi Arabia, second largest oil producer [...] The post oil price, interest rates: energy crisis and debt crisis at th…
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