Frederick Bott
2 min readAug 16, 2024

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I would say again just to remember when oil prices went negative.
That was all that was needed, to stop oil.
It did stop just then, it reversed, just for that short time.
That was markets at work, when just for an instant, markets became democratic.
The markets were flooded, just then, with folk trading with money they were given for free, more money than they needed to survive.
Warren Buffet et al fled the markets claiming "Something had gone wrong with money".
Those traditional whale traders went on strike because they could not compete with the volume of folk trading with free money.
The new traders appeared to be "Buying" things which were bankrupt, stocks in companies deemed bankrupt, all the companies who could not keep trading during the lockdowns in place during covid.
The new traders were effectively voting, with money they received for free, to save the things they saw were at threat, that they wanted to save. Things like cruises in ships, so they bought shares in the bankrupt cruise shipping companies, and things like cars for hire, so they bought shares in the bankrupt Hertz.
But they didn't buy anything to save oil. So it went negative priced.
Right there we saw most people don't want oil, and just then they had the power to actually change the world, to no longer use oil.
I've shown technically why that was sustainable, it was a demo of solar indexed stimulus in action, until the money issue stopped, and what was issued declared as debt, and then the energy value had to drop back out of the money, resulting again in inflation.
Its physics, not economics!
If you really want to stop oil, this is what has to be demanded.
It shouldn't be difficult now it's also needed to just stop people dying from poverty.

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Frederick Bott
Frederick Bott

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