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Fed's INABILITY to Inflate caused Oil Price Spike [Eurodollar University, Ep. 222]
The price of oil is very high, causing consumer prices to rise and it is because of the Federal Reserve. BUT NOT WHY YOU THINK! The Fed does not create real-economy money and their inability to create it - or encourage private banks to - has resulted in NOT ENOUGH MONEY. Lack of money to invest in oil production.
----EP. 222 REFERENCES----
I Told You It *Wasn’t* Money Printing; How The Fed Helped Cause, But Can’t Solve, Our Current ‘Inflation’: https://bit.ly/3K6Py3R
Dallas Fed Energy Survey: https://bit.ly/3MsFioi
Alhambra Investments Blog: https://bit.ly/2VIC2wWlin
RealClear Markets Essays…
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