I think if you had $70 oil, and the Fed were to continue to...

I think if you had $70 oil, and the Fed were to continue to raise interest rates to fight inflation, that could cause a problem, ... I think there's a certain breaking point where that the price of energy alone is so high that it changes the psychology of both businesses and consumers. I think $80 would probably break the back.

John Silvia Quote About Alone, Both, Breaking, Businesses, Cause: I Think If You Had...

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