A roller coaster simulation of inflation-adjusted crude oil prices, 1946-201

Superb video on Chris Blattman blog. Brilliant ride and its does feel like as if one is sitting on roller coaster. Highly recommended to take the ride.

The global economy is actually like this theme-park as of now with multiple rides. Some promise a lot of thrill but are a disappointment. Then there are those less hyped ones which give much better bang for the buck.

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