> the primary culprit is the reinflating of the commodities market that helped drive the Great Financial Crisis.
The author doesn't claim any special knowledge, yet makes a rather vacuous guess: "The primary culprit [for the reinflating of the commodities market] is the reinflating of the commodities market"
He's arguing that the reason commodities (in particular oil) is so expensive now is that commodities are expensive.
There are many domains where I lack any sort of expertise, and I defer to the experts for their analysis and opinions. It doesn't appear that the author maintained the same restraint.
He's saying that commodities are expensive now due to exemptions granted to banks, and only to them, that allows them to rollover perpetually long positions while charging management fees. This is causing inflation because there is a lack of liquidity from a cornered market.
The author doesn't claim any special knowledge, yet makes a rather vacuous guess: "The primary culprit [for the reinflating of the commodities market] is the reinflating of the commodities market"
He's arguing that the reason commodities (in particular oil) is so expensive now is that commodities are expensive.
There are many domains where I lack any sort of expertise, and I defer to the experts for their analysis and opinions. It doesn't appear that the author maintained the same restraint.