
The Dig: The Fall of OPEC w/ Giuliano Garavini
Jacobin Radio
00:00
The Impact of the Energy Price Increases on Inflation
Oil price increases contributed at least in some ways to this movement, inflationary pressures. But my sense is that these inflationary pressures affected mostly private capitalist company than they did ordinary workers. And let's not forget that most energy prices, meaning the bills for electricity and the bills for natural gas, were fixed by the governments.
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