Trauma Epidemic
A
I suspect that it's much less consequential than being just the GOP outrage fodder of the day. They'll have something else next month and thereafter. More challenging will be navigating the *dynamics* of deflation in which crude (and natural gas) will likely go well >100 after bottoming briefly
In response to Ethics and Psychology.
07:25 AM - May 13, 2023
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Trauma Epidemic
A
In response to Trauma Epidemic.
That in turn will make EV/PV transition more difficult as investment wanes. The federal government will need to carry the burden, and that will be difficult as people's fears increase. In general, deflation is much worse societally than inflation. High inflation isn't easy, deflation is just harder.
07:30 AM - May 13, 2023
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