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Nash Hinton
Yahoo Finance
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Comments by "Nash Hinton" (@NashHinton) on "Yahoo Finance" channel.
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Some libertarians don't like taxes.
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@garymcmillan6943 Environmentalists and statisticians have been predicting it for decades. The only difference now is major oil companies admitting it themselves just a year ago. The small drillers won't stay in business long anyway, they will soon be monopolized by the bigger companies.
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@garymcmillan6943 Demand will always be high, the issue is demand destruction because it's too expensive. Again, costs to produce it is going up, and that cost is passed on to the consumer. When oil prices go up, consumers cut spending on non essentials, which triggers a recession. That resets oil prices to a non profitable range, hence demand destruction. The extreme lows and highs in prices has been getting worse since the 1970s and are now unsustainable post 2008.
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jimmy jimmy Says the idiot with the same first name and surname.
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I have a whole grocery store of imperishable food buried around the entire city in vacant forests and on my property. Bitcoin isn't going to save you.
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Then when I'm done, I might eat the deceased. Also, I have plots of land with underground houses. You people are fools.
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And how will gold be valuable when computers dry up and the entire economy crashes? Gold became useless during the Dark Ages.
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Resource depletion is the cause.
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