CASO DEOLANE MOSTRA PERIGOS DA CEGUEIRA EM MASSA CAUSADA PELOS INFLUENCERS? Tiago Pavinatto analisa

There is a need to change the strategy of the Federal Reserve Board because it is they who caused the liquidity crisis. Their strategy during this past year and a half has been to be “data dependent.” Knowing that the effects of any monetary policy action have somewhere between 6 months to a year to have their “fact based impact” on the economy, a “fact dependent policy” is a policy that is 6-12 months behind the curve. As a result of that approach to the decision making process of the Federal Reserve Board, the Fed has indeed done all the “right” things other than being 6-12 months off in terms of timing. Given that very poor timing, the market was deprived of the liquidity necessary by about 10 trillion dollars that have “gone up in smoke” because of the Fed’s profound misunderstanding of the events that were coming into the horizon. To avoid further damage, the following actions are recommended.

The oil and gas industry, including exploration and production, consists of about 7,000 companies who pull in a combined, estimated revenue of around 450 billion. However, the production and associated revenue are fragmented; around 10% of companies generate approximately 60% of this figure. Demand for oil and gas is caused by economic activity, population growth and the need for energy for residential, industrial and transportation uses.