Future Oil Prices.....My NEW "Average Price" PredictionsIn 2 years $150 WTI...... In 5 years $200...!!!
Trade War, Sanctions, Tariffs, and all the Money Printing........ This MESS is too big for even the Central Banks to fix. All they basically have left is Propoganda in hopes of minimizing INFLATION... But GREED, Trumps even Propoganda... Inflation will RAGE out of control.
Even if Central Banks jacked up interest rates to 10%......it will do little to bring prices down.... They printed TOOOOOO much money. It's in the system already and jacking up rates to 10% or even higher won't get that money out of the system, it will only reduce the rate of new money printing.
The Central Banks Printed Money like there's no tomorrow..... It's In the System working to inflate prices. It's in there and there's NO EASY WAY to get it out.
How is Central Banks going to "roll off" all their bond purchases from the government????!!!!!!!!!!
If the government didn't have the money NOW and need central banks to print money for them, you think the government is going to have that money to pay for all those bonds that will mature/roll off !!!!!!!!??????????
LOL...... NO, virtally all that money printing is stuck in the system..... no way the government going to be able to payoff all those bonds. The govenment will just "ROLL-ON" not "ROLL-OFF".....
All this mess just because of everyone can't tell the TRUTH. Had to REFUSE TESTING to hide the TRUTH of the Covid infected.....
All just my opinion/view/thinking