Cheap Oil: Great For The Economy?

Started by redcliffsw, December 15, 2015, 07:07:40 AM

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redcliffsw


Cheap oil has benefitted consumers, but overall it has not benefitted the economy. In fact considering the dire situation in different sectors of the oil industry it can be argued that it has hurt the economy. But cheap oil could come to an end overnight should any of the myriad of geopolitical time bombs go off. More on economics and politics of cheap oil in today's Liberty Report:

https://www.lewrockwell.com/lrc-blog/cheap-oil-great-economy/




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