#9 Two Capital Cyclists
Behind the Balance Sheet
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Is the Oil Price Up?
Inflation is everywhere, at all times, a monitary phenomenon. The pandemics already so that governments issued credit guarantees to banks. And then we had an emergency in the energy crisis, once again, before the war. So that the british government has decided the best way to attack inflation is through printing money. Now warfare has the same effect. We will, i can guarantee that before the year is out, there will be large loans going to defence contractors. I did notice that we are now backing ship building, as of yesterday, according to the ritish government. I'll be intresting to see if that's funded by bank loans. As long as the
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