Extreme Stupidity and the Death of the Petro Dollar with John Rubino

by Kerry Lutz, Financial Survival Network:

John Rubino returns to the program… Did the Petro Dollar just die? Will the Fed raise rates 6 times this year? (Target is 2.8% by end of 2023. Is this serious or pathetic?) Was Bix Weir right? Are we heading into a recession already? How big a deal is $110 oil? Will food prices keep rising? (See: Severe Drought And “Dust Bowl Conditions” Threaten To Create A Disastrous Winter Wheat Harvest In The U.S.) Do rising long-term interest rates constitute monetary tightening? Will global supply chains ever go back to pre-covid normal? What’s the next crisis? Cyberattack?

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