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Energy Geopolitics & the Remaking of the Modern World | Helen Thompson

Hidden Forces

CHAPTER

The Fed's Concern About Energy Driven Inflation

From two thousand and four, we start to see this really quite sharp rise in oil prices that will ultimately culminate in prices at around a hundred and 50 dollars a barrel. And you see the central bankers, certainly the fed, er, the c b, the bank of england, worrying about rising oil prices. They don't all do it at the same time. But they're constantly looking out for whether it's having effect on wage bargaining or inflation expectations. I'm curious what your thoughts are in that. Also, another thing it's interesting to consider here is the issue of consent. Because after the 19 seventies, getting that consent became more complicated,. not just because of foreign

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