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> in 2 strokes seriously hurt Chinese oil imports.

USA, Europe, and many other countries depend on China for manufacturing. I doubt that this is going to solve inflation.

But it will fill the pockets of a few people in oil rich countries that can still export.

Inflation is currently at 2.4%. How much lower do you want it to go?

Still above the fed's 2% target.

And it will go higher now. And given the President's hatered for high interest rates and the next fed chairman being a garden-variety lick-spittle, things are not looking up.

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