inflation.100 dollar oil
Here is another article about the chances we will see 100 dollar oil.
It gives investment advice which is all well and good. But here is a little gem found at the bottom of the article.
$this->bbcode_second_pass_quote('', 'B')ut there's a chance that gasoline prices of $4 to $5 could cause a significant consumer slowdown that might lead to a recession, says Ed Yardeni, the chief investment strategist at Oak Associates. "The psychological impact of $4 or $5 at the gas pump would probably push consumers over the edge. It would be pretty ugly across the board," he says.
The good news is the Federal Reserve would lower interest rates, Yardeni believes, because a superspike in oil would increase the chance of a recession more than it would spark higher inflation.

