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Harris “Kuppy” Kupperman - Oil is the World’s Central Banker Now | #450

The Meb Faber Show - Better Investing

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Is the Fed Controlling the Price of Oil?

Cubby: OPEC controls the price of oil, and oil is the world's central banker, not the Fed. He says energy consumption globally is going to accelerate as those people start using more energy. Cubby: If you look at energy consumption above about 3,500 per capita, your consumption really expands. And then they keep giving everyone stimulus because no one should go without it.

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