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TIP483: Down But Not Out w/ Cathie Wood
We Study Billionaires - The Investor’s Podcast Network
Is the Food Inflation a Big Component of the Energy Crisis?
There's this narrative floating around that it'll take years to get the oil capacity back up to sufficient levels, assuming the demand stays constant or increases. But even in the United States, when I saw that gasoline demand this summer, including July 4, was down to 25 year lows. So when you raise the price of something dramatically, expect a substitution, expect decreased demand.
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