Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Last week, The Rabid Capitalist warned that a prolonged military conflict between Israel and Iran would vault crude oil to a price exceeding $100 a barrel. The disruption to the oil supply would be significant, resulting in stagnation and inflation. The bombing of Iran by the United States exacerbates these risks.
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