ps had to vent — just saw another lament, ‘the inflation!’. ( this was PBS, but it’s all over )
War profiteering is not ‘inflation!’
How many rate increases will stop Putin’s war, and temporary pricing power? And what about our wonderful trustworthy allies, the house of Saud?
If I stop for gas, and a guy there takes my wallet by force, when I get home I’m not going to say, ‘Honey, I stopped at the gas station, you wouldn’t believe the inflation!’
More substantially, perhaps, the USA has again become self sufficient in oil production, for better and worse.
Most of that oil, I suspect, could not be economically shipped abroad. If that is so, please tell me why that oil can be priced at world market prices, as if it is easily fungible, and why we haven’t intervened to stop that anti-American behavior?
best luck to US — b.rad
ps Powell and the Fed are engaging in election interference; nothing else makes sense to me, except moronic blind copying of the worst of Greenspan and Volcker, not sure which is more disturbing . . .
ps had to vent — just saw another lament, ‘the inflation!’. ( this was PBS, but it’s all over )
War profiteering is not ‘inflation!’
How many rate increases will stop Putin’s war, and temporary pricing power? And what about our wonderful trustworthy allies, the house of Saud?
If I stop for gas, and a guy there takes my wallet by force, when I get home I’m not going to say, ‘Honey, I stopped at the gas station, you wouldn’t believe the inflation!’
More substantially, perhaps, the USA has again become self sufficient in oil production, for better and worse.
Most of that oil, I suspect, could not be economically shipped abroad. If that is so, please tell me why that oil can be priced at world market prices, as if it is easily fungible, and why we haven’t intervened to stop that anti-American behavior?
best luck to US — b.rad
ps Powell and the Fed are engaging in election interference; nothing else makes sense to me, except moronic blind copying of the worst of Greenspan and Volcker, not sure which is more disturbing . . .