Soaring Energy Prices And Stimulus: A Toxic Cocktail
- Some in the US Congress are talking about stimulus cheques if retail gasoline prices are over $4.
- Commodity trading houses are calling for emergency central-bank intervention
I have to repeat yet again that this is not just a war but an economic war, and not just a crisis but a metacrisis. As such, the latest attack from Moscow was always obvious to those expecting both sides to deliberately hurt the other while strengthening their own geostrategic position: using Russian energy as a weapon against Western sanctions
Article Written By: ZeroHedge
Original Article Posted on: Mar 26, 2022
Link to Original Article: https://oilprice.com/Energy/Gas-Prices/Soaring-Energy-Prices-And-Stimulus-A-Toxic-Cocktail.html