Conrad Putzier
speaker
146 appearances
3 recordings
1 series
first heard Aug 2025
last heard 3d ago
Conrad Putzier’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Sep 2026 with 1.
Appearances
I mean, Benoit mentioned the plausible things the US government can sort of do.
If you want to go more radical, there are two options that governments have, but they're both bad.
So the first one is price caps.
Legally very complicated, but Richard Nixon did it in the 1970s.
So there's some precedent.
You you basically ban the sale of gas for over $4 or something.
The issue with that is that it doesn't fix the problem, which is the supply shortage, and it doesn't
Change people's behavior.
So when there's not enough gasoline, you want people to adjust their behavior, right?
Like if you live somewhere where you have the choice between taking the subway to work and driving, and usually you drive because it's more complicated, you want that person to now take the subway because gas is expensive, so that the limited gas can go to someone who really needs it.
So this is a flawed solution.
And usually what happens with price caps is once they get lifted, you get a surge of inflation.
And then the second option is just to give people money, which is something that has been happening in Europe, right, where energy costs have gone up in the last few years.
The issue with that is if if your worry is inflation, just giving people cash is not gonna fix the inflation issue.
If anything, it's just gonna make it worse.
Essentially, economists don't like either of those two options, which is why they're not seriously being discussed.
And then now I I know I said two options, but there's obviously a third, which is raising interest rates.
The Fed can decide that rising energy prices are turning into a real inflation problem.
And that you reduce the supply of money effectively that's available to businesses by raising interest rates.
And, you know, the Fed just raised rates.
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