Inflation is the artificial increase in supply of currency which results in higher prices, because the value of the currency is degraded. I’m not sure what you were trying to say with your comment.
@@timastrom9449 Inflation is also caused by cost push, when the cost of producing a good or service goes up. Oil is an important input cost as almost all goods have to be distributed by transporation that relies on oil.
@@FatBoiSlim-gh18u9 went great. Shorted from 77 to 72,75. 60 contracts. CLH. Peeled off 20 at 74. If you know anything about oil, then you know what I’m talking about, and you know I was right.
High oil prices would only mean high inflation which would mean high interest rates.
Inflation is the artificial increase in supply of currency which results in higher prices, because the value of the currency is degraded. I’m not sure what you were trying to say with your comment.
@@timastrom9449 Inflation is also caused by cost push, when the cost of producing a good or service goes up. Oil is an important input cost as almost all goods have to be distributed by transporation that relies on oil.
$60 soon maybe even go to $40
$40, why? Do you see demand decreasing or supply increasing? What's the US strategic petroleum reserve at again?
In your Dreams ..maybe
☯️
Sure he does……..sure. So short it
How's that going for you so far?
@@FatBoiSlim-gh18u9 went great. Shorted from 77 to 72,75. 60 contracts. CLH. Peeled off 20 at 74. If you know anything about oil, then you know what I’m talking about, and you know I was right.