Extreme Stupidity and the Death of the Petro Dollar with John Rubino #5447
Did the Petro Dollar just die? Will the Fed raise rates 6 times this year? (Target is 2.8% by end of 2023. Is this serious or pathetic?) Was Bix Weir? Are we heading into a\xa0recession already? How big a deal is $110 oil? Will food prices keep rising?\xa0 (\u201cDust bowl conditions\u201d threaten to create a disastrous winter wheat harvest) Do rising long-term interest rates constitute monetary tightening?\xa0 Will global supply\xa0chains ever go back to pre-covid normal? What's the next crisis? Cyberattack?