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The Only Thing More Bullish For The Economy Than Lower Oil Prices Is ...
... higher oil prices!
Because when it comes to propaganda, a year certainly makes all the difference.
From the WSJ, December 1, 2014:
International Monetary Fund chief Christine Lagarde on Monday said falling oil prices will help boost economies in the U.S. and across much of the globe, a net positive for a world struggling with slowing growth.
“It is good news for the global economy,” Ms. Lagarde said at The Wall Street Journal CEO Council annual meeting.
For the U.S., lower energy prices will help accelerate economic growth to a 3.5% pace next year, Ms. Lagarde said, up from an October forecast of 3.1%.
And then going back one year ago to USAToday from December 31, 2013:
Oil finished the year up 7% with much of the gain coming this month on signs that an improving U.S. economy is leading to greater demand for gasoline and diesel fuel.
Lower oil prices; higher oil prices? Doesn't matter: it's all good news!
Confused yet? Great. Now just BTFATH and stop asking so many questions.
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I feel stupid for buying long dated call spreads on energy company XYZ. Oh well.
Fuck this shit. Nonesense and occultist fanny pussy makes billions of dollars predicting both sides of the market.
"It was the best of times. It was the worst of times..."
Lower oil prices; higher oil prices? Doesn't matter: it's all good news!
Ironic considering zh has been saying the exact same thing, cept in reverse..
Hopium springs eternal!
my classmate's step-sister makes $61 /hour on the laptop . She has been out of work for 5 months but last month her pay check was $12417 just working on the laptop for a few hours. browse around this web-site... www.yelptrade.com
Your classmate's step-sister is your mom; so, please change to--My mom makes ...
"The Only Thing More Bullish For The Economy Than Lower Oil Prices Is ..."
MONEY PRINTING ~ There, fixed it!
For all the the praise that gets slopped on Orwell & Huxley... Why did NEITHER of them ever mention money printing?... Just sayin'
"For all the the praise that gets slopped on Orwell & Huxley... Why did NEITHER of them ever mention money printing?... Just sayin'"
Foreign dollars were still redeemable in gold, and the real money printing didn't start until the "gold window" was closed in 1971.
http://www.brillig.com/debt_clock/history.gif
Oh... So that must explain it...
So basically, these FUTURE SEER's didn't imagine, or forecast, a world controlled by money printing central banks run by criminal European jewish banking families.
That pretty much explains everything. Let's all carry on now as if noting of this sort actually ever happened.
He left out that somebody had to financialize the economy.
Blame it all on TRICKY DICK ~ lol
The more dead you get, the more history gets to be rewritten. SWEET when you operate the printing presses [both MONEY & MSM]
"Take a phone call with Henry Kissinger on April 19, 1973 about an upcoming U.S.-Soviet summit. Nixon was concerned someone would cause problems, and if they did, they would pay for it, he said: "Let me say, Henry, it's gonna be the worst thing that happened to Jews in American history."
Nixon continued, "If they torpedo this summit — and it might go down for other reasons — I'm gonna put the blame on them, and I'm going to do it publicly at 9 o'clock at night before 80 million people." ("I agree completely," Kissinger, who is Jewish, said. "They brought it on themselves.") Then Nixon really got going about the Jews. "I won't mind one goddamn but to have a little anti-Semitism if it's on that issue," the president says. "They put the Jewish interest above America's interest and it's about goddamn time that the Jew in America realizes he's an American first and a Jew second."
They do the same thing with unemployment rate...
If it's up, they say good news because companies will be more profitable now that they shed costs.
If it's down, they say good news because personal consumption will rise and help stimulate the economy.
is that a put or a call?
Very similar double speak as when the narrative in gold sell offs
"..gold is down because of risk asset sell-off....blah..blah..."
"..gold is down because of improving economic data...no need for safe haven....blah ....blah.."
Just like Global Warming. Hot or cold, it means the planet is heating up.
Of course, in the case of the economy, it doesn't matter what happens, the results prove that the plan is working. Must be a wonderful life to know everything you do is perfect.
dupe
This is actually simple. Economics 101 lesson 1: Supply and demand.
Higher demand (due to strong economic activity) -> higher oil price. Good news because we want strong economic activity.
Shift in the supply curve (from all the new oil on the market) -> lower price -> good for the economy because the cost of production drops.
Two separate issues: 1 economy is strong despite high oil price. 2. Subsequently lower oil price comes as an additional help.
Still confused?
Former World Bank President: Big Shift Coming
Very few honest people comes forward. James Wolfensohn.
Christine LaGarde is the most useless fucking cunt on Earth. I can't wait to see her well tanned corpse hanging from a brightly lit European lamp post.
They get upset when I post on Zerohedge. They hate my guts, who cares. Love my country! We’ll take these fuckers down.
Looks like Winston Smith needs to do a better job of rewriting and using the "memory hole."
An American, not US subject.
Incorrect, Comrade, it simply requires judicious application of doublethink to appreciate the bounty Big Brother has bestowed upon us. Think of our boys on the Malabar Front!
The juxtoposition of the two statements is funny but inaccurate. These two statements are really different and can't really be put side by side as done here. If you read carefully, the first statement on lower oil prices is a prognostication while the second comment on higher oil prices is a reflection on what already occurred.
If both statements were predictive or both reflective the comparison would be valid but as printed here, its just Zerohedge SPIN.
The spin narrative is getting out of control.
The news doesn't make any sense anymore.
I feel like we are playing simon says with the news . . . . oooooo you read that artcile and believed it?????? SIMON DIDN'T SAY!!!!
And who the hell is simon anyway??
I can't even watch the MSM anymore. The propaganda and cherry picking is absolutely disgusting. I didn't hear one thing about the shitty factory orders, shitty consumer credit, shitty trade balance figures, shitty quality of new jobs ect...
The .gov bullshit~O~meter is off the charts trying to get people to spend money they don't have to keep the ship from running into a deflation reef in this swirling typhoon of debt.
How these lower prices effect a particular nation will vary and will effect both their currency and how competitive they will be going forward. The recent decision by OPEC members to keep their production ceiling unchanged has sent crude prices into a tailspin. Dropping oil prices add a new surprising new dimension to the stability of the world financial system.
While often heralded as a godsend to the economy and the end consumer we must remember lower prices hurt both producers and those in the business of oil exploration, drilling, and sales. The shale boom has been one of the bright spots in the economy in recent years and acted as a tailwind that accounted for much of America's growth. Expect this to come to an abrupt halt and with it thousands of jobs. The article below delves deeper into the economic damage lower oil prices can foster.
http://brucewilds.blogspot.com/2014/11/dropping-oil-prices-increase-risk-to.html