Despite 14 Year Highs, Bond Yields Have a Long Way to Rise – Ep 849
The Peter Schiff Show Podcast
00:00
Oil Prices Rise 70% Since Joe Biden's Presidency
Biden wants oil companies to use their extra income that they're having now with higher oil prices to reward their shareholders. It's not up to the president of the U.S. to tell those oil companies what to do with their profits, he says. If you can't get rewarded when times are good then why even own an oil company? That is completely un-American anti-capitalism for Joe Biden and it could be a precursor to windfall profit taxes or punish buybacks.
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