The Physical Capacity Shortage View of Inflation
Repeated price crashes in a variety of industries led to a situation of underinvestment in productive capacity that created the conditions for the inflation we see today.
Oil
2 postsThe Administration Took A Welcome Step Forward To Stabilize The Oil Production Outlook
Since financial markets are complex and energy policy can be shrouded in legalese, it is worth taking a minute to translate some of the more abstruse language in the DOE’s announcement.
