Give it a year. When we start seeing the consequences of the fallout from this whole mess, including governments just “printing” and handing out trillions and trillions of taxpayer money to keep things from utter collapse, oil will be hitting $100 a barrel again. But that is because a big mack will be $50 and the dow will be at $100,000.
The future price inflation baked into this whole thing is about as obvious as anything happening in real time right now.
$100,000 = 100,000 points.
Inflation is a great way for governments to get out of debt. Pay tomorrow’s dollars for yesterday’s spending.
If I was the cynical type, I’d say they were doing it on purpose.
Give it a year. When we start seeing the consequences of the fallout from this whole mess, including governments just “printing” and handing out trillions and trillions of taxpayer money to keep things from utter collapse, oil will be hitting $100 a barrel again. But that is because a big mack will be $50 and the dow will be at $100,000.
The future price inflation baked into this whole thing is about as obvious as anything happening in real time right now.
...
That doesn’t seem to be very Sound Logic. I’m not sure if you’re trying to be funny or not.
“Give it a year. When we start seeing the consequences of the fallout from this whole mess, including governments just “printing” and handing out trillions and trillions of taxpayer money to keep things from utter collapse, oil will be hitting $100 a barrel again. But that is because a big mack will be $50 and the dow will be at $100,000.
The future price inflation baked into this whole thing is about as obvious as anything happening in real time right now.”
I’m afraid you’re right. Nobody knows what the long term effects of are going to be, but it’s not going to be good. I thought we might walk away from it till the price of oil collapsed.
In the mean time we will get the Vat Tax, while there is still any value in the dollars we might have saved. It will be “needed” to shore this up, before it collapses utterly.