Wall Street Silver

@WallStreetSilv ↗

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Last Checked Jan. 7, 2023

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Mon Jan 02 18:10:51 +0000 2023

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Wall Street Silver @WallStreetSilv

How did they fix energy policy in the 1970s ? 3 major energy inputs changed. 1) North Sea oil began flowing 2) Alaskan pipeline began delivering. 3) Gulf of Mexico offshore oil scaled up. That is what brought inflation down to ~3% by 1983. — PolitiTweet.org

Posted Jan. 2, 2023

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Wall Street Silver @WallStreetSilv

We are repeating the 1970s. 1974 recession reduced CPI from ~11% to ~5% by 1976. The Fed declared victory, went back to easy money, inflation soared in the late 70s to over 13% High Inflation continued until energy policy was fixed. We have not fixed energy policy this cycle.🧐 https://t.co/hSylgPi3ao — PolitiTweet.org

Posted Jan. 2, 2023

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Wall Street Silver @WallStreetSilv

All the Fed can do is cause a recession or boom cycle by playing with interest rates and the Fed reserve money printer and playing with their balance sheet assets. The Fed can't change raw commodities or energy policy or trade policy or any of those other critical variables. — PolitiTweet.org

Posted Jan. 2, 2023