Oil is hitting $93 a barrel and everyone’s blaming the conflict. But here’s the truth: the price was going up anyway. A supply shortage raises prices, but that’s not the same as inflation. The real inflationary danger isn’t the oil–it’s the monetary and fiscal policies we’re about to aggressively double down on because of these prices. Let’s break down the economics.
#Economics #Inflation #OilPrices #EnergyCrisis #Finance #Macroeconomics #SupplyShortage #MonetaryPolicy #short
