Economics

Traders work on the floor of the New York Stock Exchange (NYSE) on September 01, 2022 in New York City.
Demonstrators march during a protest against a rise on public bus fares and the costs of the Brazil 2014 FIFA World Cup, Rio de Janeiro, Brazil, February 13, 2014. (CHRISTOPHE SIMON/AFP/Getty Images)
Caption
Demonstrators march during a protest against a rise on public bus fares and the costs of the Brazil 2014 FIFA World Cup, Rio de Janeiro, Brazil, February 13, 2014. (CHRISTOPHE SIMON/AFP/Getty Images)
Pump jacks and wells in an oil field on the Monterey Shale formation, March 23, 2014 near McKittrick, California (David McNew/Getty Images)
Caption
Pump jacks and wells in an oil field on the Monterey Shale formation, March 23, 2014 near McKittrick, California (David McNew/Getty Images)
Commentary
Stetzler
Stetzler
Irwin M. Stelzer
Senior Fellow Emeritus
Irwin M. Stelzer
6 Min Read
YPF (Yacimientos Petroliferos Fiscales) gasoline tanks are seen in Rio Gallegos, Santa Cruz, some 2500 kms south west of Buenos Aires, on October 23, 2011 (JUAN MABROMATA/AFP/Getty Images)
Caption
YPF (Yacimientos Petroliferos Fiscales) gasoline tanks are seen in Rio Gallegos, Santa Cruz, some 2500 kms south west of Buenos Aires, on October 23, 2011 (JUAN MABROMATA/AFP/Getty Images)