@anon
sign up
@anon
sign up
54 sats
\
6 replies
\
@TomK
OP
11 Jul
\
on: US: CPI Data Shows More Disinflation
econ
CPI breakdown
https://m.stacker.news/39201
write
preview
reply
100 sats
250 sats
hot
recent
top
45 sats
\
5 replies
\
@jp305
11 Jul
Tom, what's your long term view on oil?
It feels like when oil prices cooperate, inflation is "officially" under control.
reply
58 sats
\
0 replies
\
@wingalt
12 Jul
Going to zero priced in bitcoin like everything else
reply
34 sats
\
3 replies
\
@TomK
OP
11 Jul
as far as the oil price is concerned, I think we have seen a lot of manipulation by the US strategic reserve. I think that will soon come to an end and then oil may rise significantly in price to 100 or more dollars a barrel by the end of the year
reply
58 sats
\
2 replies
\
@jp305
11 Jul
https://menafn.com/1108431955/US-Department-of-Energy-begins-buying-oil-as-strategic-reserve-despite-high-prices
They are buying back some at higher unexpected price. I'm expecting significant price increase too.
reply
34 sats
\
0 replies
\
@TomK
OP
11 Jul
after all, the USA is still energy-independent. now imagine what would happen to a currency like the euro that is not backed by energy.
reply
21 sats
\
0 replies
\
@Bell_curve
12 Jul
Buy back better
reply