The problem is that if commodities become stores of value, instead of things to consume. The price skyrockets and commerce comes to a screeching halt.
Bitcoin never became what it was supposed to be, due to speculators and fraud driving the price so high. That nobody could use it for its intended purpose. Which was never going to be reality anyway, hence the scam phase.
People wonder why the economy is stuck in a doom loop. It isn't hard. Margins have expanded to the point where normal commerce is impossible. The company I work for has more than doubled its service fee over the last three years. Going from $75 per hour to $180. When the company charged $75 per hour, normal techs got paid $25 per hour. The company raised pay to $30 this year, but that hasn't helped anyone absorb the massive inflation over the last few years.
What would have been fair is raising pay to $50-60 per hour. The company gets to make $105 per hour more than it did three years ago, but the employees only got an extra $5. Only two people get to benefit from that extra $105. Oh, and boy are they benefiting.
If Trump didn't cancel the crude export ban, the oil companies would have had to stop drilling. Our storage facilities would have been overflowing, including the strategic petroleum reserve. WTI would be trading at $17 and the USA would have energy independence and $.99 gas.
Instead we have near $4 gas on $80 oil. It still only costs less than $5 per barrel to get the stuff out of the ground in the middle east. The Hebrews made out like bandits and the Arab nations built mega cities for the ultra rich in the middle of deserts.
Americans have been bending over logs, taking purple dildos emblazoned with the star of David in the wide open for the last 25 years. At least it was somewhat hidden before that.
The lowest gas fell this year in NE Ohio was $2.25. Gas hit $3.00 before the Iran attack. Most stations were at $3.50 this morning.
I expect them to be $3.99 on Monday. Ohio has always been a price gouging state, even though the majority of gas refined in the Midwest has nothing to do with middle east oil.
Remember back in 2015 when commodity traders were leasing oil tankers because the US was running out of storage space for oil.
Did you know that thanks to Goldman Sachs and the other major trading criminals. US gasoline contracts are correlated to the price of Brent. Even though Brent isn't even refined into gasoline in America. For no other reason than it is usually the highest priced crude contract.
If Trump wants to lower energy prices, he might want to start with the source of why contracts are so elevated. With crude production where it is, oil had no business being above $30 and we should have been enjoying sub $1.50 gas. Instead we have been stuck above $3.00 for most of the last three years. Despite oil falling from $95 to the low $50s.
Of course Trump was the one that lifted the crude oil export ban. Mainly because our storage tanks were overflowing and Wall Street needed to see their contracts soar in value. Instead of energy independence, profit for Israelis became more important. We started exporting millions of barrels. Instead of wondering where we were going to put it all, we went to the export storage tanks hitting bottom.
At least China is protecting their own supply. The USA is still sending 10 million barrels a day out of the country. Making sure Americans keep paying higher prices.
We'd be fine if gas was actually selling for what it should, correlated to the price of oil. However, thanks to Wall Street we have been paying an extra dollar plus per gallon premium.
The current price of oil should be putting us around $2.50 per gallon. Instead, we'll soon hit $4.00.
They'll never stop sticking the old Hebrew National in the buns.
Recent Comments
A petri dish of brain cells is still smarter than any Somalian.
Even when they have been dead for 100 years. That's some straight up Frankenstein sh1t.
Yeah. But AI gave Natalie Portman huge tits.
If they can teach a petri dish of neurons to beat Mega Man 2, I'd then be impressed.
The problem is that if commodities become stores of value, instead of things to consume. The price skyrockets and commerce comes to a screeching halt.
Bitcoin never became what it was supposed to be, due to speculators and fraud driving the price so high. That nobody could use it for its intended purpose. Which was never going to be reality anyway, hence the scam phase.
People wonder why the economy is stuck in a doom loop. It isn't hard. Margins have expanded to the point where normal commerce is impossible. The company I work for has more than doubled its service fee over the last three years. Going from $75 per hour to $180. When the company charged $75 per hour, normal techs got paid $25 per hour. The company raised pay to $30 this year, but that hasn't helped anyone absorb the massive inflation over the last few years.
What would have been fair is raising pay to $50-60 per hour. The company gets to make $105 per hour more than it did three years ago, but the employees only got an extra $5. Only two people get to benefit from that extra $105. Oh, and boy are they benefiting.
If Trump didn't cancel the crude export ban, the oil companies would have had to stop drilling. Our storage facilities would have been overflowing, including the strategic petroleum reserve. WTI would be trading at $17 and the USA would have energy independence and $.99 gas.
Instead we have near $4 gas on $80 oil. It still only costs less than $5 per barrel to get the stuff out of the ground in the middle east. The Hebrews made out like bandits and the Arab nations built mega cities for the ultra rich in the middle of deserts.
Americans have been bending over logs, taking purple dildos emblazoned with the star of David in the wide open for the last 25 years. At least it was somewhat hidden before that.
$147 in 2008, gas hit a record of $4.28.
$100 oil used to correlate to $3 gas. Now it is over $5 because of JewStreet effing with the futures market.
I drive over 100 miles a day. Unless I put a storage tank in my backyard that can hold 1000 gallons, there is no preparing for a spike for me.
The lowest gas fell this year in NE Ohio was $2.25. Gas hit $3.00 before the Iran attack. Most stations were at $3.50 this morning.
I expect them to be $3.99 on Monday. Ohio has always been a price gouging state, even though the majority of gas refined in the Midwest has nothing to do with middle east oil.
Where are the wages increasing?
Perhaps NYC snow shovelers?
Wages in my neck of the woods have stayed level for three years.
Trump must reinstate the crude oil export ban for the USA. No American should pay a single cent more for gas to support Israel.
Remember when $100 oil meant gas at $3.00. Somehow $60 oil became the new $3.00 benchmark. $100 oil now means gas somewhere in the $5.00 range.
Inflation has choked the US population. A spike to $5 will end the entire consumer class outside the mega rich.
Remember back in 2015 when commodity traders were leasing oil tankers because the US was running out of storage space for oil.
Did you know that thanks to Goldman Sachs and the other major trading criminals. US gasoline contracts are correlated to the price of Brent. Even though Brent isn't even refined into gasoline in America. For no other reason than it is usually the highest priced crude contract.
If Trump wants to lower energy prices, he might want to start with the source of why contracts are so elevated. With crude production where it is, oil had no business being above $30 and we should have been enjoying sub $1.50 gas. Instead we have been stuck above $3.00 for most of the last three years. Despite oil falling from $95 to the low $50s.
Of course Trump was the one that lifted the crude oil export ban. Mainly because our storage tanks were overflowing and Wall Street needed to see their contracts soar in value. Instead of energy independence, profit for Israelis became more important. We started exporting millions of barrels. Instead of wondering where we were going to put it all, we went to the export storage tanks hitting bottom.
At least China is protecting their own supply. The USA is still sending 10 million barrels a day out of the country. Making sure Americans keep paying higher prices.
Commit treason as a representative of the United States government.
Gets to amass a multi million dollar fortune and still hasn't had to face any consequences.
Too bad this isn't Iran, where she would have been put to death at least 10,000 times by now.
How many people died when Billy destabilized the Balkans to cover for getting a blow job from an intern?
The idea that prediction markets are not gambling is laughable.
They can claim they offer trading securities all they want. The contracts are exactly the same as betting on any other event.
That I can put a contract on Kalshi, whether or not I get laid tonight, is proof it is all just speculative gambling.
The more Iran wants to hit and blow up data centers, the better. Maybe we should have attacked sooner.
The only good data center is one that ends up as a crater.
How about Trump puts a block on crude exports from the US to help out Americans. WTI would immediately drop limit down.
Frick the rest of the world. No American should pay a single cent more for gas because Europe and China are cut off.
I'm tired of taking a back seat and flushing my money down the toilet so Israel and the Hebrews worldwide can increase their fortune.
We'd be fine if gas was actually selling for what it should, correlated to the price of oil. However, thanks to Wall Street we have been paying an extra dollar plus per gallon premium.
The current price of oil should be putting us around $2.50 per gallon. Instead, we'll soon hit $4.00.
They'll never stop sticking the old Hebrew National in the buns.
Yet, Biden "got" 80 million votes.
The sad part is that $80 oil used to mean gas around $2.20. Now $80 correlates to $3.50.
All of that is thanks to what went down under Biden. Where $100 oil somehow meant that we should pay $5.00 for gas.