2min chapter

Animal Spirits Podcast cover image

Price Drives Narrative (EP.271)

Animal Spirits Podcast

CHAPTER

Oil Prices Continue to Fall This Year

It's bizarre to me that the oil price is basically unchanged this year. I feel like i'm not a mackero forecasting guy, but i feel like if you asked me, one, three, five years out, will oil prices be higher? We ad zume youas a funny thing, when inflation was running at two % a year for ten years, we never inflateion adjusted anything. Now we inflation adjust everything. If the economyis growing, debt is growing. Inflation is going to be growing somewhat no matter what. To morrow, we've got invidia stocksmen acting lousy. Sals forces are big ones. Snowflake. On thursday, we

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