Dustin, he is talking about the strategic reserves here. Landman (great show) is a different premise. The green new deal over regulates the industry. However, it would take a long time to see results of this, reducing oil costs, lowers fuel and production costs, but it would take a while to flow through the system.
We are far from a "free Market". We don't live in capitalism anymore where econ growth is driven by saving and investment, we are in a creditism economy where credit creation and consumption drive econ growth. Our markets are so manipulated especially via policies and regulations. Also bonds can be manipulated by bond vigilantes based on projected policies. Also the treasury via congress can influence policies to bring down interest rates, so it's not directly an but an indirect influence. Global events can also influence bonds, thus lowering rates and the global events can be influenced by policies. Remember back in 2022 when the dollar reach 112 and IMF was pressuring the FED to lower rates? So, yes rates, bonds, can be influenced. Please don't for a second think we are a free market. That is far from the truth.
Great and informative episode guys, thank you! I learned a lot
Let’s gooooo
Dustin, he is talking about the strategic reserves here. Landman (great show) is a different premise. The green new deal over regulates the industry.
However, it would take a long time to see results of this, reducing oil costs, lowers fuel and production costs, but it would take a while to flow through the system.
Appreciate the context. I am far from an oil expert.
How is it a free market if the fed can manipulate the market by purchasing bonds?
I like where you are going with this. Same with the U.S. being a Capitalist society. I mean aren't we really a mixed capitalist country?
We are far from a "free Market". We don't live in capitalism anymore where econ growth is driven by saving and investment, we are in a creditism economy where credit creation and consumption drive econ growth. Our markets are so manipulated especially via policies and regulations. Also bonds can be manipulated by bond vigilantes based on projected policies. Also the treasury via congress can influence policies to bring down interest rates, so it's not directly an but an indirect influence. Global events can also influence bonds, thus lowering rates and the global events can be influenced by policies. Remember back in 2022 when the dollar reach 112 and IMF was pressuring the FED to lower rates? So, yes rates, bonds, can be influenced. Please don't for a second think we are a free market. That is far from the truth.
I will not argue against that...Mixed Capitalist or even "Capitalism'ish"