The Narrative Changes: Goldman "Explains" That Higher Oil Prices Are Actually Better For The Economy
![The Narrative Changes: Goldman "Explains" That Higher Oil Prices Are Actually Better For The Economy The Narrative Changes: Goldman "Explains" That Higher Oil Prices Are Actually Better For The Economy](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/ea83d2e34dd9fe1ef60a782a2a80db15-500x228.png?itok=YxinEMzd)
Back in late 2014 and early 2015, this website soundly mocked any and every economist that suggested that plunging oil prices - in a globalized economy where oil has been financialized beyond recognition and impacts every asset class, the stock market, global trade flows, and international diplomacy - is "unambiguously good."