General Discussion

gab13by13

(28,869 posts) Mon Jun 23, 2025, 12:34 PM Jun 23

165

Krasnov Fucked Up [View all]

Krasnov's one big economic policy is to devalue the dollar and strengthen crypto. Krasnov has made 3 billion dollars from crypto so far in his 2nd reign.

The bombing of Iran has jettisoned the price of oil and it has strengthened the dollar. Krasnov is actually pleading to keep oil prices low, pleading to drill baby drill, pleading with OPEC to release more oil.

The rising cost of diesel fuel means the rising cost of goods, means higher inflation, means that Jerome Powell will not lower interest rates which would, you guessed it, weaken the dollar.

Krasnov's economic plan is solely about strengthening crypto.

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Krasnov Fucked Up [View all] gab13by13 Jun 23 OP

How long before we're drilling on all the public lands they're selling? ananda Jun 23 #1

There is no reason to drill progressoid Jun 23 #7

I don't think that matters to Trump. ananda Jun 23 #8

The current oil boom started w Obama IbogaProject Jun 23 #22

Yep. There was endless bullshit right wing propaganda about the US losing energy indepence under Biden progressoid Jun 23 #27

Sadly, there is more coal in those areas than oil... Wounded Bear Jun 23 #17

That makes sense. Crypto. ananda Jun 23 #31

He is busy choosing prime building spots pwb Jun 23 #2

Or prime building spots in National Forests. emulatorloo Jun 24 #35

Kraznov does not want cheap oil, and if he did, the US petrolum companies do not want cheap oil .... marble falls Jun 23 #3

Krasnov does want cheap oil, gab13by13 Jun 23 #14

No. He wants to be seen as wanting cheap energy because that is what he and his noncritically thinking supporters want . marble falls Jun 23 #24

Exactly. It's actually pretty simple.... Ol Janx Spirit Jun 24 #36

Thank you for saying it clearer than I did! marble falls Jun 24 #37

You said it really well! I was just hoping to add to that thought... Ol Janx Spirit Jun 24 #40

Seriously, I wished I'd have penned both of your posts. marble falls Jun 24 #42

Refinement is the bottleneck they utilize misanthrope Jun 23 #28

They create their own bottlenecks by 'maintenence' on four or five refineries at a time and raise prices over headlines. marble falls Jun 23 #32

In other news: Water Is Wet. rsdsharp Jun 23 #4

Money launderingrus orangecrush Jun 23 #5

Then he'll intentionally cause a recession to lower demand for oil and goods IronLionZion Jun 23 #6

Yes, and crypto is the biggest ripoff ever Nigrum Cattus Jun 23 #9

Agree. I'm horrified this administration is anywhere near the Treasury with his crypto crap. Book txwhitedove Jun 23 #20

In the 1980's I watched "Private Schulz" on PBS Wednesdays Jun 23 #26

When... haryn Jun 23 #10

As noted upthread BumRushDaShow Jun 23 #11

Yes this has been their plan all along FakeNoose Jun 23 #13

You are looking at this for what benefits the fossil fuel industry. gab13by13 Jun 23 #15

Wrong Hornedfrog2000 Jun 23 #18

Well we have been hearing about "peak oil" for a long time BumRushDaShow Jun 23 #16

We are crossing the peak IbogaProject Jun 23 #23

I ran into an article the past week BumRushDaShow Jun 23 #25

We were bamboozled by the oil companies into tolerating frack oil as a necessary evil ... marble falls Jun 24 #38

"this showed that while the easy was mostly gone there were huge deposits untouched." BumRushDaShow Jun 24 #39

Isn't it amazing how effectively big oil flipped that image of easy oil to no oil and then become the biggest oil ... marble falls Jun 24 #41

They realized BumRushDaShow Jun 24 #43

With a healthy dose of 'image is everything'. marble falls Jun 24 #44

Absolutely Blue Full Moon Jun 23 #12

I also think he'll be sorry he chose to side with Bibi instead of putin... in regards to Iran. liberalla Jun 23 #19

Kabuki theatre, easily could be prearranged lostnfound Jun 24 #34

Crypto, gypto, klepto. oasis Jun 23 #21

He wants to replace the dollar with crypto. Pretty obvious but not (as usual) well thought out. n/t Evolve Dammit Jun 23 #29

That is why he is declaring there is a cease fire Bev54 Jun 23 #30

Back in the Neo-Anthropo-Sane Epoch... BurnDoubt Jun 24 #33

Crypto gfarber Jun 24 #45