There is a lot of talk about inflation. But isn’t inflation most of the time a temporary phenomenon, because productivity and innovation catches up. When there is inflation its the perfect time for people and businesses to pivot to disruptive technologies and products.
For example, in late 2000s oil went up as high as $150 per barrel, gas was super expensive. People started talking about electric cars and renewable energy, companies like Tesla took advantage of that. Also fracking started coming online after that period and oil became relatively cheaper over a long period.
For example, in late 2000s oil went up as high as $150 per barrel, gas was super expensive. People started talking about electric cars and renewable energy, companies like Tesla took advantage of that. Also fracking started coming online after that period and oil became relatively cheaper over a long period.