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Tag Archives: currency
Energy certificates as currency when oil shocks strike?
Since world oil probably peaked in 2018 (EIA 2021), clearly there will be a time when there are oil shortages. The price may be high at first, but that often brings on a financial crash (Hamilton 2013), unemployment rises as … Continue reading
Posted in Oil Shocks, Rationing, U.S. Congress Energy Policy
Tagged blackouts, currency, ecological economics, energy crisis, Hubbert, money, oil shock, rationing
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