Explanation all in the chart but the link between Inflation and Oil is all there to see but NEVER mentioned.
It just make sense, as the price of oil rises, so will EVERYTHING from transport to manufacturing and retail. Over 6000 House holds goods require Oil
If the price of oil is controlled, then so is inflation
Maybe this is why the USA has spent decades invading countries that produce Oil but more than anything, used the Petro$, insisted on the use of th epetro$, as designed by Nixon in 1971, to produce a massive inflow of money into the USA
This however, is now changing as countries, including OPEC move away from usng the $ for Oil Trade.
It just make sense, as the price of oil rises, so will EVERYTHING from transport to manufacturing and retail. Over 6000 House holds goods require Oil
If the price of oil is controlled, then so is inflation
Maybe this is why the USA has spent decades invading countries that produce Oil but more than anything, used the Petro$, insisted on the use of th epetro$, as designed by Nixon in 1971, to produce a massive inflow of money into the USA
This however, is now changing as countries, including OPEC move away from usng the $ for Oil Trade.