Regardless of how high energy prices go over the next three months, what’s important to note is that inflation isn’t going to get any better for America or, for that matter, any part of the world. Barring need, if the premise of demand is that one would only be able to pay what one could afford, then demand destruction is likely to set in if oil and natural gas prices keep rising and rising. Of course, it can be argued that without gas or oil to heat homes during an intense winter storm like this year’s Texas Blitz, people will die.
In 'The Future of Money,' Senior Professor of Trade Policy at Cornell University, Eswar S Prasad deftly examines how we collectively assign value to cryptocurrencies like bitcoin and what that means for the economics of tomorrow.
If you're looking for a gold investment, should you go with a giant miner or a leading precious metals streamer?