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From the people who brought you the Bank Bailout of 2008, now comes the Oil Bailout of 2026.
(hexbear.net)
Souce: https://xcancel.com/chrismartenson/status/2032444834108055764
Classic fascist regime (USA) ignoring material reality and thinking their imaginary numbers (US dollars) can fix a problem caused by a real supply shock. I don't even understand the implications of the USA selling a kajillionn dollars worth oil futures to temporarily stabilize gas prices - does that mean the US government will have to buy oil at ANY price and sell it for the agreed upon price when the futures mature?
How much money did they dump to fuck with the global oil market?