SchiffGold(@SchiffGold):Oil above $100 is creating a new inflation problem. Higher energy costs push up prices for groceries, transportation, and manufacturing while slowing economic growth. The Fed can raise interest rates, but it can't produce more oil.

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SchiffGold@SchiffGold

2026.10.29 05:36

Oil above $100 is creating a new inflation problem. Higher energy costs push up prices for groceries, transportation, and manufacturing while slowing economic growth. The Fed can raise interest rates, but it can't produce more oil.