You ask " why did oil prices go down to 0 dollars. False. I am assuming its a typo
OPEC is always in control. The US can play but oil reserves will tell who the real players are. US will never be able to keep up with OPEC in the long game. Their oil reserves dwarfs the US.
Well the two below are controlled by the FED
Trump had no inflation - false
2015 | 0.7% | 0.50% | Expansion (3.1%) | Deflation in oil and gas prices |
2016 | 2.1% | 0.75% | Expansion (1.7%) | |
2017 | 2.1% | 1.50% | Expansion (2.3%) | |
2018 | 1.9% | 2.50% | Expansion (3.0%) | |
2019 | 2.3% | 1.75% | Expansion (2.2%) | |
2020 | 1.4% | 0.25% | Contraction (-3.4%) | COVID-19 |
The first year of Trump and inflation increase. it droops in 2019 but shoots up in 2019
But you know what they say what goes up must go down and what is down will go up.
But you brought it up. Trump had no inflation increase? It best to use better sources as whatever
source your believing in is wrong.
Still it is not the president , shit happens which plays a role
The U.S. inflation rate by year is the percentage change in prices from one year to the next. It responds to business cycle phases and interest rates.
www.thebalancemoney.com
interest rates very low. - Now that is funny. Do you look stuff up or just read it from some source that tell you what you want to hear
Interest rates again the FED control it and sets the pace.