I don’t blame Biden for cancelling the Pipeline, I blame the economic illiterate who voted for Biden. Once Biden did this, I realized that Hyperinflation is right around the corner
High gas prices impact everything, from consumer goods to industrial materials. In addition to higher gas prices, more workers unemployed will mean less productive output.
And of course, the left will blame Trump. My advice is to ditch paper money and buy precious metals. This is really the hedge against hyperinflation.
“Hyperinflation is right around the corner” Been hearing that sentence since 1965.
WTI oil is around $58.50 a barrel, bulls think it might go as high as $70. I doubt that as producers worldwide will crank up well before $70.
Under Bush, oil went to $147 a barrel. Bodies everywhere from hyperinflation.