I’m hearing that a big ole crisis is in the makings.

Slightly spooked.

What do you think? Is it alarmist? What will inflation hit worst in this case? What will be devalued most?

  • hark@lemmy.world
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    5 days ago

    They can’t print oil, but they can play games with the strategic reserve and maybe implement heavy (heavier) subsidies, but yeah, eventually reality should set in. I just have no idea how long that would take. So far the market seems to take trump at his word every time.

    • iocase@lemmy.zip
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      4 days ago

      End of July is what I’m hearing. Right now Peter is being robbed to pay paul