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Tag Archives: currency
Energy certificates as currency when oil shocks strike?
Since world oil peaked in 2018, 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 business shut down, … Continue reading
Posted in Oil Shocks, Rationing, U.S. Congress Energy Policy
Tagged blackouts, currency, ecological economics, energy crisis, Hubbert, money, oil shock, rationing
Comments Off on Energy certificates as currency when oil shocks strike?