correct. world liquid capital treats continuous rotation of oil inventory as a more static gold inventory. It is much harder to maintain oil price stability due to manipulation, but because of volume, much easier in response to shocks.
Source date (UTC): 2019-08-02 01:42:27 UTC
Original post: https://twitter.com/i/web/status/1157104342090076161
Reply addressees: @eruditenights
Replying to: https://twitter.com/i/web/status/1157049550290313217
IN REPLY TO:
@eruditenights
We’re not in the gold standard then you could say “We are on the oil standard” lmk if incorrect https://t.co/6IHFkD19ef
Original post: https://twitter.com/i/web/status/1157049550290313217
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