Oligarchs and taxes and bonds, oh my!

Today we’re answering questions that get at those knock-on economic effects of Russia’s war with Ukraine we’ve been talking about recently on the show. One listener wonders about gas tax revenue. Another wants to know: What is an oligarch, and why should I care? We’ll tell you that, plus dig into some specifics about the bond market and provide clarification about Fed chief Jay Powell’s magic keyboard. If you’ve got a question you want us to answer next time, send a voice memo or give us a call at 508-82-SMART (508-827-6278). Here’s everything we talked about on the show today: “Democrats weigh gas tax holiday to ease inflation pressure on Americans” from NBC News “Whitmer joins coalition of governors calling to suspend federal gas tax” from WZZM Stocks Surge, Oil Falls, Extending Volatility Amid Ukraine War from The Wall Street Journal Scott Tong’s reporting on Venezuela for Marketplace “The U.S. Shifts Focus to Venezuelan Oil, but Output Is Low” from The Wall Street Journal “U.S. ties easing of Venezuela sanctions to direct oil supply” from Reuters “Meet Russia’s oligarchs, a group of men who won’t be toppling Putin anytime soon” from The Conversation “What is a Russian oligarch? Here’s what to know as the U.S. rolls out sanctions” from CBS News “Turning the Focus on America’s Oligarchs” from The New Yorker Give today to support Make Me Smart.