My personal portfolio is perhaps foolishly overweight natural gas pipeline companies. Therefore I'm sensitive to spot prices of natgas.
Contrast ridiculously cheap natgas in the US to ridiculously expensive natgas in Europe. So while we pad the pockets of US weapon makers here in the US by sending things that go boom to Ukraine, US politicians care not a whit about whether our European friends will freeze this winter. The proof is right there in your charts.
I will preface this comment by saying that I am not an economist and do not what the hell I am talking about. However, it seems to my simple mind that the current inflation situation is a result of two root causes: oversupply of money and an under-supply of goods. Shrinking the fed’s balance sheet and raising interest rates does nothing to address the under-supply of goods. In fact, higher interest rates may inhibit production of goods and exacerbate under-supply. Raising corporate income taxes also penalizes supply. So my question is: Has anyone proposed addressing under-supply by providing incentives for production like tax credits for the production of energy and food?
My personal portfolio is perhaps foolishly overweight natural gas pipeline companies. Therefore I'm sensitive to spot prices of natgas.
Contrast ridiculously cheap natgas in the US to ridiculously expensive natgas in Europe. So while we pad the pockets of US weapon makers here in the US by sending things that go boom to Ukraine, US politicians care not a whit about whether our European friends will freeze this winter. The proof is right there in your charts.
I will preface this comment by saying that I am not an economist and do not what the hell I am talking about. However, it seems to my simple mind that the current inflation situation is a result of two root causes: oversupply of money and an under-supply of goods. Shrinking the fed’s balance sheet and raising interest rates does nothing to address the under-supply of goods. In fact, higher interest rates may inhibit production of goods and exacerbate under-supply. Raising corporate income taxes also penalizes supply. So my question is: Has anyone proposed addressing under-supply by providing incentives for production like tax credits for the production of energy and food?
My husband workplace keeps layoff people... 🤷♀️