In the span of almost 2 years, the United States Treasury has printed almost 13 trillion dollars. 5 trillion for Covid relief, almost 5 trillion for quantitative easing, which is money being pumped into the economy to stimulate economic growth, and 3 trillion for infrastructure. According to Merriam-Webster Dictionary, the definition of inflation is: a …
According to the U.S. Energy Information Administration’s Short-Term Energy Outlook, the June price of $73 per barrel for Brent Crude Oil was up by $5 per barrel over May. With more vaccinations being rolled out, uncertainty over OPEC+’s production moves, and a reduction in worldwide oil availability, the outlook for oil prices seems upward. If …
Will Increasing Oil Prices Put a Ceiling on Global Economic Growth? Read More »
