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Is Stagflation Coming?

Money For the Rest of Us

CHAPTER

Is There a Longer Term Impact of Higher Oil Prices?

A prolonged period of higher oil prices will more than likely lead to greater adoption of electric vehicles. Oil demand already piqued in the developed world. But one of the leading developing countries is china, a place that is adding more and more electric vehicles on the roads. We're starting to see a flattening even before the federal reserve has even begun to raise its policy rate.

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