2.8 • 690 Ratings
🗓️ 10 August 2023
⏱️ 11 minutes
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0:00.0 | economic update my name is sean morgan i'm the host of sean morgan report over on amp news i'm here |
0:04.6 | with dr kirk elliott so kirk i got your email newsletter uh you put out a lot of interesting |
0:09.7 | information about the true true story about yeah so, you're a little bit in a bad internet connection. |
0:26.5 | So I'm just going to talk because I heard the gist of what you wanted to say, right? |
0:29.8 | But but so how in the world could we have declining inflation on the consumer price index for like literally five months straight, right? |
0:41.5 | Our wallets tell us something different. |
0:44.1 | We go to the grocery store. |
0:45.4 | We go to the gas pumps. |
0:46.6 | It's like, things aren't cheap. |
0:48.5 | Things aren't getting cheaper. |
0:49.7 | Five months in a row. |
0:50.9 | Something's not right. |
0:52.5 | Right? |
0:52.7 | So what is that something that's not right? Well, |
0:56.7 | the research just came out like three, four days ago about the strategic oil reserves. |
1:03.8 | Now, this is an interesting one because you start connecting the dots. It's like, oh, |
1:08.4 | light will go on. It's like, I get it, right? So the strategic |
1:12.4 | oil reserves are basically what that was exactly that. Strategic oil reserves for the country |
1:17.6 | should be utilized during times of war. So if you go to war, you always have enough fuel |
1:24.7 | for the planes, for the tanks, for the machinery, everything else, right? |
1:28.0 | But Biden's been, like, dumping it, just getting rid of using the strategic oil reserves. |
1:34.8 | So if you were to look at it on a chart, Sean, it looks like a mountain, right? |
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