Friday, February 21, 2020

Oil prices were too high in the past

That is a deflationary force telling us that oil prices haven't changed since the 2008 crash. All that 1.5% inflation we recorded was fake.

Fracking changed the situation a bit and this looks like a fracking cycle to me.  Frackers over responded to the volatile oil situation. They are now living on the edge of sustainability.

I matters not, our fine theorems got Blacked Swanned and we are on to studying the plague cycles since 1600. The question is the relationships among vaccines, immunities,  quarantines and the mass media.

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