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theintercept.com
| | clarkvangilder.com
2.3 parsecs away

Travel
| | You'd think that by the year 2022 the general public would have learned how global economics works, but here we are in the 21st century and folks keep blaming the President of the United States (POTUS) for the price of gasoline. Social media is the main reason for the persistence of bad ideas like this,...
| | www.transterrestrial.com
3.9 parsecs away

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| | [AI summary] The text is a collection of comments and discussions from an online forum, primarily focused on topics related to oil prices, extraction, and geopolitical factors. It includes various perspectives on the cost of oil production, the role of speculation, and the impact of political and environmental regulations. The discussion touches on the difference between extraction costs and the market price of oil, with some contributors suggesting that the market price is often higher than the actual cost due to factors like speculation, geopolitical tensions, and market dynamics. There are also mentions of specific events affecting oil production, such as pipeline issues, sanctions, and political unrest in regions like Libya and the Middle East. The text ...
| | crooksandliars.com
3.7 parsecs away

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| | "All of this boils down to three words: polluters over people."
| | libertystreeteconomics.newyorkfed.org
35.6 parsecs away

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| Starting in early 2018, the U.S. government imposed tariffs on over $300 billion of U.S. imports from China, increasing the average tariff rate from 2.7 percent to 17.5 percent. Much of the escalation in tariffs occurred in the second and third quarters of 2019. In response, the Chinese government retaliated, increasing the average tariff applied on U.S. exports from 5.7 percent to 20.4 percent. Our new study finds that the trade war reduced U.S. investment growth by 0.3 percentage points by the end of 2...