Trump at it again...Jaw boning crude oil.

[zdreg]

"Man is born free and everywhere he is in chains."

You will never escape being a slave. I think the main question is whether it will cause inflation or not. I thought we agreed due to the Alaska/Yukon comparison that it wasn't necessarily going to be true.

fiat currencies are in a race to the bottom.

 

[dozu888]

why is cheap oil a bad thing? what jaw boning.... guy is working for the american people!

 

[Frederick Foresight]

why is cheap oil a bad thing? what jaw boning.... guy is working for the american people!

Didn't you know? He only works for himself and/or personal attention. If you benefit in any way, that's incidental at best.

 

[bone]

I have never seen a sitting president jaw bone the markets like this one. He sounds more like a dictator than a free market supporter.

In the 1970's up through the mid 1980's both political parties (and the Presidents) relentlessly hammered OPEC. Oil and Natural Gas prices were a principle topic consumed by the Carter administration - President Carter had a televised nationwide address about oil and natural gas production and demand (and his energy policies). By 1986 a glut of crude supply on the world markets collapsed oil prices and the jawboning naturally stopped.

Angry Orange Man aside - a cogent argument could be made that OPEC and "free markets" are not inclusive terms.

 

[SimpleMeLike]

I have never seen a sitting president jaw bone the markets like this one. He sounds more like a dictator than a free market supporter.


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I just hope Donald Trump says things like this every day so the market can move. Fun day trading.

 

[constitutionman]

Bunch of Trump haters.

if you don't pull your head out of the Cheetos ass, there won't be enough shampoos in the world to take the smell of the shit off your head. #stoptheballwashing

 

[Rickshaw Man]

What makes you think he doesn't talk to people before his "announcements"? Classic insider trading. But yes, transparent.

Exactly, his insiders are making some easy coin.

 

[Rickshaw Man]

What he did is a good thing and I don't see why it should be criticized.

I live in Texas, our economy is liked to oil. So higher prices help.

 

[Rickshaw Man]

Bunch of Trump haters.

I voted for him. I don't hate him. I just wish he would keep his mouth shut. He talks to dam much.

 

[SimpleMeLike]

I love Donald Trump, keep on talking about oil man. Do it as much as you can pleasesssss. I am begging you.