So oil jumps again the moment someone sneezes near a refinery and the markets act like the sky is falling. Traders and hedge funds see fireworks in Ukraine or Russia and immediately turn it into profit while the rest of us are basically subsidizing their champagne bills at the pump. It is wild that a global system this big runs on such thin strings that one drone strike or pipeline fire makes gas shoot up like it is bitcoin.
Every headline about stability or security is just code for prepare your wallet because prices are not going down. Politicians pretend it is all temporary but groceries stay high, transport stays high, and somehow wages never keep pace. At this point I think the world economy is basically a casino dressed in a suit and we are forced to play whether we want to or not, except the house always wins and the rest of us leave broke.
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So oil jumps again the moment someone sneezes near a refinery and the markets act like the sky is falling. Traders and hedge funds see fireworks in Ukraine or Russia and immediately turn it into profit while the rest of us are basically subsidizing their champagne bills at the pump. It is wild that a global system this big runs on such thin strings that one drone strike or pipeline fire makes gas shoot up like it is bitcoin.
Every headline about stability or security is just code for prepare your wallet because prices are not going down. Politicians pretend it is all temporary but groceries stay high, transport stays high, and somehow wages never keep pace. At this point I think the world economy is basically a casino dressed in a suit and we are forced to play whether we want to or not, except the house always wins and the rest of us leave broke.