Daily Live - We MUST Change the Money - 11.4.2022 | E256
Bitcoin & Markets
00:00
Oil Price to 300
At $300 oil, the US economy would collapse. Inflation prints would go parabolic but with the rest of the economy in free fall, the Fed would be forced to stop chasing the CPI higher. I'd wager a healthy sum that in such a scenario,. the Fed would dramatically reduce interest rates and flood the market with liquidity. The Fed would effectively ignore the inflation mandate. But maybe Japan has the right because they are doing the opposite. They are actually continuing with their QQE. So no, they it's I don't know. It's just so crazy for people to think that it can go to 300 and stay there for any length of time without any sort of response
Play episode from 26:18
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