This oil crash is NOT apart of the plan.
Why would Trump brag about opening up Alaska and the pipelines?
Trump did NOT tank the oil price.
Oil price tanked becasue of the following:
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Oil consumption has fallen off.
A. People are not commuting.
B. People are not flying.
C. Ships are not sailing.
D. Production of non-essential products is almost completely halted.
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Oil buyers/refiners have too much oil and have to store.
3.They do NOT want to buy more oil because they have nowhere to store and noone is buying the oil from them.
4.Oil producers do NOT want to stop producing oil as it costs more to stop/restart then to literally pay people to take oil.
That is why Oil has completely crashed. This is NOT good for the economy. The US economy is an energy economy.
What else is VERY VERY BAD is because we see OIL price fall, which as explained above means PRODUCTION of goods has FALLEN we are very dangerously close to hyper inflation.
Hyper inflation happens when you have MORE cash and LESS goods.
The United States is making TRILLIONS of dollars. Let that sink in. TRILLIONS of dollars. It is so much money you cannot even imagine that amount.
That money is being created out of thin air and given to people who are NOT producing.
Therefor prices will skyrocket as there are less stuff to buy and more money to buy with it.
What does that mean for Americans?
If you have a savings account you are fucked.
If you hold cash you have are fucked.
If you have pension fund you are fucked.
If you are collecting social security you are fucked.
If you live with a limited budget you are fucked.
>but muh gold standard is coming
There is not enough Gold in the universe to back the trillions of USD that is out there.
You would have to debase, which means say every single dollar out there is now no longer a dollar, and make a new dollar that is backed by gold.
You cannot do this because the economy requires too many dollars to run. You run into the same problem again. Not enough gold to back.
These are very dire times, not some plan to thwart evil doers.
You would be foolish to scoff at this situation and not plan accordingly.
I pray to God I am wrong. I write this as a warning. Not to bash Trump or anyone.
Prepare.