Loading ...Plus stopping the pipeline, seems like somebody wants higher oil prices, while at the same time, that same somebody, keeps complaining about oil prices being too high and very sympathetic and concerned about consumers and inflation, because Oil is in everything, so everything goes up.
Also if we remember, the Fed was very concerned about a deflation taking hold. And was constantly trying to maintain 2% inflation. Somebody had a big fear, God forbid if the money in our pockets gained value. Without investing it somewhere. Well so far, they succeeded. 7% inflation?
And this HIGH dollar lately, it’s giving Harbor Freight, Home Depot, Costco, Lows etc last licks at cheap imported prices. I remember when I was young without imports, everything we bought was very expensive, but so was our salaries. So it didn’t matter.
I remember paying $68 for a calculator in 1965-6, it was American made Texas Instruments I think, and cost one weeks pay. I was making $1.75/hr $70/week. I was out of the house, married, and had a small rental place $68/month.
If “somebody” is letting millions of immigrants into the country, like 1910 Ellis Island, because they were starting to develop and invest in the USA, they needed immigrants to build the nation. They stopped after 1975 they started building investing in other nations.
So maybe its USA’s turn again for a rebuild, (under a new gold standard) and they want immigrants. Maybe “he/they” have new long term plans for USA (after “topping off China et al) and want more babies being born so crimping abortion. My grandfather came here in 1908 and had 8 kids, 6 girls and two boys. They are all gone except one boy my uncle and his wife 99 wife years old.
Big business plans way ahead ya know.