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MacroVoices #341 Jim Bianco: Inflation Is Not Going Away

Macro Voices

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Do You Disagree on the Energy Crisis?

It seems guaranteed to me that we have an energy crisis, at least for the next five years, probably the next ten. There's a bunch of pipe lines to go from russia to europe to supply them with cheap natural gas and putten has been closing the spigot on that im in a tit for tat. The fungible market is the crude oil market. Most of those cargoes go by sea. How fast can you build boats and terminals? Many, many years. And that's why you've see in these sky rocketing prices.

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