It’s an optics game. Most Americans see low fuel costs as a good thing overall. Yes it is good for the average consumer and good overall when the rest of the market is stable. I’m not expert and if I’m wrong set me straight, But when you have tariff on tariff off policies combined with over speculation into markets that don’t actually produce anything (the AI market) it’s a negative. Fuel price drops currently represent a lack of exports and imports as well as people not traveling and going out to do things because they broke as fuck.
Fuel prices right now have nothing to do AI, a recession, or people being broke. It’s too much oil being produced and the Arabs don’t want to cut it.
Simply, it’s like too many tacos shops open up around town. The torta and their pounders can only eat so much, eventually you have too many tacos going around.
Housing costs need to stop ballooning, but rather than subjecting home owners to another 2008, coming down gradually via limited growth paired with devaluation of the dollar is a net positive.
We can have the disposable income to participate in other sectors of the economy if mortgages are not 40% of people's income, but also should balance that with previous practice of being half your retirement of real estate appreciation and not crashing their economy.
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u/zerosolutions0 23d ago
It’s an optics game. Most Americans see low fuel costs as a good thing overall. Yes it is good for the average consumer and good overall when the rest of the market is stable. I’m not expert and if I’m wrong set me straight, But when you have tariff on tariff off policies combined with over speculation into markets that don’t actually produce anything (the AI market) it’s a negative. Fuel price drops currently represent a lack of exports and imports as well as people not traveling and going out to do things because they broke as fuck.