How Rising Oil Prices Will Change the World as we Know it
Ones and Tooze
English - March 11, 2022 11:00 - 32 minutes - 44.5 MB - ★★★★★ - 219 ratingsBusiness News Business News economics economics podcast business news foreign policy adam tooze cameron abadi Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: How Rising Oil Prices Will Change the World as We Know It
Next Episode: The Collapse of China's Zero-COVID Policy
As the war in Ukraine entered its third week, the price of a barrel of oil peaked at $130, its highest since 2008. The pain is already spreading around the world—to people who rely on gas to get to work or oil to heat their homes. On the show this week, Adam and Cameron discuss the possible longterm effects of the spike, including the impact on inflation and climate change.
Also on the show: Don't bet against New Yorkers. In the first month since gambling became legal in state, residents put down a record $2 billion in wagers.The real winners are the tax authorities.
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