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The Real Oil Shock: How Oil Transformed Money, Debt, and Finance Ryan C. Smith 2022 edition
The Real Oil Shock: How Oil Transformed Money, Debt, and Finance
Ryan C. Smith
What few address is the role of the 1973 OPEC Oil Embargo and the 1979 Oil Shock in making modern financialization possible. Here, it will be demonstrated that the dramatic transfer of wealth from the industrialized, capitalist world to OPEC’s members triggered by the Oil Embargo and the Oil Shock created a vast pool of liquid capital.
90 Illustrations, black and white; Approx. 240 p. 90 illus.
| Media | Books Hardcover Book (Book with hard spine and cover) |
| Released | September 1, 2022 |
| ISBN13 | 9783031071300 |
| Publishers | Springer International Publishing AG |
| Pages | 242 |
| Dimensions | 217 × 153 × 22 mm · 470 g |
| Language | German |