As Russia’s war on Ukraine rages on, Jason Hartman investigates the potential economic aftermath of this crisis on the financial markets and what it means for ordinary citizens.
The Federal Reserve’s Jerome Powell stated that the Ukraine war is creating risk of even higher inflation, but that sounds like a scapegoat - an excuse for his own loose money policies and so called “transitory” inflation.
Russia is one of the world's top energy producers, so of course we’re seeing pain at the gas pump, with gas prices reaching almost $7/gallon in California and soaring all across the nation.