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285 sats \ 6 replies \ @Undisciplined 16 Nov 2023 \ parent \ on: Oil: Deflationary Shock At The Door? meta
Enjoy the lower prices while you can, they won't last long.
Nothing would terrify the U.S. govt more than deflation. Interest rates would be back at 0 quicker than you could say Bernanke.
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That's very true
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That's for sure. It would give my family a nice chance to relocate. Probably would be pretty bad for everyone else though
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I got the impression this week with europ. industry production cratering to -6.9% YoY they will be cutting far earlier.
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