After a day of ceasefire narrative, oil prices are still hovering around 95. Even if the United States and Iran can negotiate a phased ceasefire agreement, the Strait of Hormuz may not be fully opened, and oil prices will remain high. This is a typical oil crisis. The next issue is not only about the United States and Iran, but also a common problem for all countries in the world. The rise in oil prices is just the first step, followed by the increase in chemical and food prices, leading to an increase in the cost of living worldwide. Raising interest rates and tightening measures to combat inflation? I think most central banks don't have the courage to raise interest rates. Even Powell is afraid to clarify his intention. With the current scale of the US treasury bond bonds, the government is struggling to pay interest after raising interest rates, not to mention borrowing to launch the next wave of war. In the end, the global crisis was resolved through a massive release of water, and another major devaluation of the currency was almost inevitable.