Sunday, May 24, 2026

The Enemy Of My Enemy

Derangement Syndromes $5 a gallon gas ⛽️ and 3.8% inflation could have something to do with it. Or is Democratic messaging just that good? A) The global oil market doesn’t work like that. Oil executives have said the supply already in storage tanks and tankers has been used, and we’re about to catch up to the shortage. Tat will take months to reverse, not days. And nothing about this latest piece proposal has been agreed to by anyone.

B) “Negative inflation”? 
Deflation occurs when the inflation rate falls below 0% and becomes negative. While inflation reduces the value of currency over time, deflation increases it. This allows more goods and services to be bought than before with the same amount of currency, but means that more goods or services must be sold for money in order to finance payments that remain fixed in nominal terms, as many debt obligations may. Deflation is distinct from disinflation, a slowdown in the inflation rate; i.e., when inflation declines to a lower rate but is still positive.

Economists generally believe that a sudden deflationary shock is a problem in a modern economy because it increases the real value of debt, especially if the deflation is unexpected. Deflation may also aggravate recessions and lead to a deflationary spiral.
Who is this idiot?
Fars News, an IRGC-linked Iranian outlet, reported that U.S. officials and mediators privately told Tehran during indirect exchanges to ignore Donald Trump’s Truth Social posts, saying they were aimed mainly at U.S. domestic audiences and did not reflect Washington’s negotiating position
More reliable than Hassett, anyway. (Yes, damning with faint praise.) Disappointed? Why would MAGA be disappointed?
BREAKING: Iran says contrary to what the US claims, the now fully leaked "Memorandum of Understanding" contains no Iranian commitments to hand over nuclear stockpiles, remove equipment, shut down nuclear facilities, or even commit to not build a nuclear bomb. Instead, all nuclear issues are deferred to a 60 day period of negotiations after signing, per Fars News.

For this period to start, the US would need to accept no nuclear commitments from Iran, agree to release $100 billion of Iranian frozen assets, lift the naval blockade, lift all oil and petrochemical sanctions during the negotiation period, pay $270 billion in war reparations, and accept Hormuz under "full permanent sovereign Iranian management and authority" at pre-war traffic levels with no US presence.
Oh.... I would note that this weekend Trump finally started acknowledging the impact on the world economy arising from the effective closure of the Strait (he dare not say anything about the U.S. economy). He’s mentioned it in connection with the peace proposal he’s touting. I fully expect him to accept any terms that lead, as soon as possible, to the opening of the Strait.
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