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The author ignores that the source of inflation is multi-faceted. Eventually the supply chain issues and the war will be resolved, and we’ll be left with moder
by jnwatson 4y ago
The author ignores that the source of inflation is multi-faceted. Eventually the supply chain issues and the war will be resolved, and we’ll be left with moderate inflation.
The world is actually quite fortunate that there’s the beginning of a sort of natural carbon tax right as we desperately need to decarbonize our economies.
This is essentially a trial run for running out of oil. It has already spurred significant European investment is diversifying energy sources.
- timbit42 4y agoDo you think the sanctions on Russia will end when the war ends?
- sliken 4y agoHeh, possibilities are all over the map. Say Putin loses power/dies/is overthrown, 100% of Russian forces are withdrawn, 100% of Ukraine is returned, and reparations are paid to rebuild Ukraine. Sure, it should be pretty quick. However the reality is likely to be much less, the the sanctions will be slower to be withdrawn.
- jnwatson 4y agoThe sanctions have little impact on oil supply. Oil is mostly fungible and somebody is buying Russian oil already.