Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

Recommended by:

Wharf Rat

To: Tenchusatsu who wrote (1371191)	8/17/2022 5:32:50 PM
From: Qone0	1 Recommendation Read Replies (2) of 1575373

Ten, Attaching the causation of what is happening in the economy to who is in the white house if fundamentally wrong. No economic expansion ever died of old age. The FED murdered every one of them. Trump put Powell in, Biden kept him in. The FED runs what happens in the economy and no one else. The economy is entirely debt based. You raise the cost of debt you kill the economy, period. Stagflation is just a buzz word the right uses to put fear into people of the Carter years, when the the US didn't have enough oil production. Totally different circumstances between then and now. In the worst pandemic since the Spanish flu, the demand for oil was crushed, it went negative $40 a barrel. What did Trump do? Nothing, didn't add one barrel to the SOR. Not one. No one did or said a thing, its like they all wanted to crush production. The little guys get crushed and the huge corps come in and take all the assets for pennies on the dollar. It's nothing new. It's a cycle the moves from industry to industry. Didn't attempt to stabilize the price of oil, so production was crushed. It is just now getting back to where it was in April 2021 before demand was crushed. What did you think was going to happen to the price of oil when supply was crushed and demand returned? It's going to go ballistic like it did, cause and effect, the law of supply and demand in action.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next