Could Rise Much Higher
"Should policy center mostly on supply and not address demand simultaneously, a playbook similar to the one just observed in global gas markets may emerge for oil."
| Source: | https://www.zerohedge.com/markets/bank-america-sees-oil-hitting-120-june-could-rise-much-higher-after |
| Published: | Nov 2, 2021 |
| Author: | Tyler Durden |
| Post Date: | 2021-11-02 09:54:19 by Horse |
| Views: | 150 |
Could Rise Much Higher
"Should policy center mostly on supply and not address demand simultaneously, a playbook similar to the one just observed in global gas markets may emerge for oil."
#1: TommyTheMadArtist To: Horse (#0)
You want to know why you are paying $3.00 a gallon for gasoline? Because some banker has decided to drive up the cost of it to watch their profits grow. These banks created shell companies and places like Vanguard, and Black Rock, are the asset managers that the bankers are using to drive up the prices and their profits.
We had a pretty crappy economy right after 9-11, and it did not rebound. In fact its been declining every day since about 1999 and the reason why is because our dollars are worth a lot less, because the banks can create as many dollars as they want to without having to account for anything. Fractional Reserve Banking is how we are being destroyed economically.
I have done a lot of thinking about all of this and that is why we have nearly a years worth of shipping containers sitting idle off Californias coast with one crane in operation for every 200 trucks or so. The problem is that we have this issue by design and it is to artificially inflate the prices of goods that they have already paid for on the cheap. So that when the market is flooded with these goods, they will get the premium price and not the actual lower price that would occur with the usual Supply and Demand economics.
We are being stripmined of our wealth for the benefit of the elites who want it all.
TommyTheMadArtist posted on 2021-11-02 12:59:34 Reply Private Reply
#2: Lod To: TommyTheMadArtist (#1)
Lod posted on 2021-11-02 14:20:06 Reply Private Reply