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Best of BS Opinion: The oil factor, financing revival via gold, and more

Here's a selection of Business Standard opinion pieces for the day.

What was considered to be discretionary or volitional spending before the pandemic may well become an essential good in perpetuity
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Uddalok Bhattacharya
Some things, such as race relations in the US, will not change easily. Others would get better. Uddalok Bhattacharya sums up

America’s racial prejudice is embedded in its very foundation, says Parthasarathi Shome. Surveys prove that   Read here

Oil will continue to hold the key to the health of India’s external sector, says A K Bhattacharya  Read here

Proposals on what to use as collateral for printing money lack strategy, say Soumya Kanti Ghosh and Saket Hishikar. For some reason what is “right” for another economy is deemed “wrong” for India  Read here