2min chapter

Animal Spirits Podcast cover image

Talk Your Book: Hedging the Different Types of Inflation

Animal Spirits Podcast

CHAPTER

Is the Cure for High Oil Prices Really High?

Oil is obviously a huge component of rising prices. They say the cure for high prices is high prices. But wouldn't other producers, drillers, be highly motivated to get as much supply to the market as they currently can? How does that process work in real life? There's a force that's keeping them from being able to really act on them infalse. That goes back to the tecarbonization thing that i mention, where their access to capital is probably reduced.

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