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Podcast: The Schaftlein Report
Episode: The Schaftlein Report | ECON 101- If you want more of something (OIL), tax it less
Description: Â 1) Do not raise taxes to if you want more supply. Increasing supply will help reduce prices. Democrats are moving in the opposite direction. 1A) Inflation Reduction Act - Sen. Sinema holds the cards. Dave details the problems with the bill. 1B) This follows the CHIPS Act which passed the senate with the goal of bringing chip manufacturing back to the U.S. 2) Oil drops as weak Chinese factory data heightens demand concerns and property slumps. Gasoline prices drop for the last 45 days 2A) 2 Year Notes are prices 30 b...