Posted on 07/08/2022 10:11:14 AM PDT by BeauBo
Yeah, price caps work. Not. Yellen is still fat, ugly and stupid.
It’s a trend. The economy has tanked. Demand has decreased. However, we won’t see oil future drop into the 40’s for a long time.
Joe Biden and the Soros, Democratic Cartel set this situation up to allow Putin to pay for his war. The Russians would not have started the Ukraine War without the pipeline into Europe. When the dems and Soros shutdown American Oil Production it allow Putin to start his war. The Russians are making over 1 billion dollars per day in oil sales thanks to the Dem/Soros/Biden Cartel. The forecast Famine is fast approaching allow Soros to execute the same transactions he used in WWII in Hungary.
You missed Atlantic drilling and only four new leases available for the Gulf of Mexico.
She obviously missed the first two Econ courses, has no idea of very basic supply and demand, knows zip about micro theory and macro theory, plus has no idea of econ geography. Yellen thinks if this country needs more money we just print it. She does not think about the value of a dollar vs. other currencies. I believe she knows zip about money and banking. Whatever, I feel she knows just enough to be dangerous.
True.
True.
The -customer- thinking they set a price cap. This is our Secretary of the Treasury folks.
That’s like me setting a price cap on 2022 F-150 pickups. I refuse to pay more than 25k. Morons.
the arrogance of the people in the US government is astonishing. Used to be we influence the world by how moral our system was but now we figure we just bully them because were “a super power“. And I think the rest of the world is fed up with it
No
Ya, she’s a bright one. In case she missed the memo, Russia redirected their oil elsewhere. They don’t give a flying leap what Yellen says or thinks.
“USA will appear to be a micro-managing interventionist bully”
Um, isn’t the current definition of the US already?
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