3 ms·

Lets not forget about the fed that is printing trillions that are being used to bid up oil prices. It is easy to blame saudis here but in this case the fed is d

by sfe22 5y ago

Lets not forget about the fed that is printing trillions that are being used to bid up oil prices. It is easy to blame saudis here but in this case the fed is doing more damage.

bendbro 5y ago
What is the process by which this happens?
- sfe22 5y ago
  1. Print money 2. Use said money to bid oil prices up
  - bendbro 5y ago
    Heh, I hear ya, I thought there might be a nasty oil specific mechanism I didn't know of.
ahtihn 5y ago
That makes 0 sense. Why would the printed money cause specifically oil to go up and not everything else along with it? And if everything else goes up, then it doesn't matter.
- sfe22 5y ago
  You found something that did not go up?
  - fomine3 5y ago
    Salary!
    - sfe22 5y ago
      Wrong.