One for the economists among us: Resource scarcity. Is inflation locked in for the foreseeable future?

[MrBirdman]

4 hours ago, PuroDiario said:

Great body types dancing half naked to the latest industry promoted tune also good on TikTok! Jajajaja 🤣 

The problem with TikTok is more it’s effect on young people precisely because 99% of success on the platform is driven by how beautiful you are. Social media use is associated with low self esteem and depression. Of course if you’re looking to perv out watching adolescent guys and girls dance half nude it’s a paradise.

For me it’s a cesspool of navel-gazing insanity. 

[PuroDiario]

6 minutes ago, MrBirdman said:

The problem with TikTok is more it’s effect on young people precisely because 99% of success on the platform is driven by how beautiful you are. Social media use is associated with low self esteem and depression. Of course if you’re looking to perv out watching adolescent guys and girls dance half nude it’s a paradise.

For me it’s a cesspool of navel-gazing insanity. 

Agreed. It is a reflection of society however algorithmically superboosted and at global scale. Meaning the issue is not the tool (the media) is the user (society) as with most things... And for social media specifically there is limited history of utilization as to determine the boundaries and limitations that are appropriate and needed, just getting started so it will get fixed just let regulat(ors)ion bridge the gap and the lag they operate under. Also the algorithm shows you what you consume, which is probably the first true mirror of an individual’s inner workings we have experienced to date which at a deeper level should grant a conversation beyond regulation.

That said, TikTok not sure a driver of inflation so allow me to post this article which I think insightful though away from Oil and Gas discussion specifics to re-guide the thread to its purpose.

https://www.bridgewater.com/research-and-insights/an-update-from-our-cios-progressing-through-the-tightening-cycle

and also this recent memo from Howard Marks monthlies which insightfully bifurcates between macro perspectives and forecasting and as a permabear he is gives insight into a lot of good stuff in his library. 
 

https://cnt.oaktreecapital.com/insights/memo/the-illusion-of-knowledge

[VictorEremita]

https://fred.stlouisfed.org/series/M1SL

[BEVOSREVENGE]

1. On 11/16/2022 at 4:37 PM, MrBirdman said:

   I have no idea what those words mean in Lichtenstein but in this country negligible and "not huge" are not synonyms. 

   What are words for if no one understands them anymore?  You should skip on economic analyses and opining on the oil industry.  Neither are in your wheel house.  So, please, for the love of God, stop trying to get the last word in.