GeneralBearishFortune Crypto · 10h ago7/10
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Most of Wall Street points to high oil prices as the driver of inflation. A maverick Johns Hopkins economist says they’re chasing the wrong culprit
Johns Hopkins economist Steve Hanke challenges the Wall Street consensus that oil prices are the primary inflation driver, arguing instead that structural inflation factors will persist long after geopolitical tensions resolve. His contrarian view suggests markets may be misdiagnosing the root causes of current inflationary pressures.
