Building Wealth With Tomii Academy

Building Wealth With Tomii Academy

Share this post

Building Wealth With Tomii Academy
Building Wealth With Tomii Academy
What’s Going on with Oil? The Answer is Hidden in the Global Monetary Crisis

What’s Going on with Oil? The Answer is Hidden in the Global Monetary Crisis

John Kim's avatar
John Kim
Feb 19, 2009
∙ Paid

Share this post

Building Wealth With Tomii Academy
Building Wealth With Tomii Academy
What’s Going on with Oil? The Answer is Hidden in the Global Monetary Crisis
Share

18 February, 2009

If we look at the below graph of the USO (US Oil Fund), at first glance, it appears that the deflationists have been correct about their assumptions of a worldwide slowdown causing demand for oil to plummet. However, if we recognize deflation for what it is, an appreciation of the currency, given the most recent 12% figures of US moneta…

Keep reading with a 7-day free trial

Subscribe to Building Wealth With Tomii Academy to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 J. Kim
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share