vegeta@lemmy.world to politics @lemmy.world · 5 days agoTrump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.arstechnica.comexternal-linkmessage-square58fedilinkarrow-up1165arrow-down15
arrow-up1160arrow-down1external-linkTrump confirms US is seeking 10% stake in Intel. Bernie Sanders approves.arstechnica.comvegeta@lemmy.world to politics @lemmy.world · 5 days agomessage-square58fedilink
minus-squarebrucethemoose@lemmy.worldlinkfedilinkarrow-up3·edit-24 days agoThat last part isn’t unprecedented. The US’s Strategic Petroleum Reserve (for instance) made a lot of money buying low and selling high, which is just a happy coincidence of trying to stabilize the supply/prices.
minus-squareHubertManne@piefed.sociallinkfedilinkEnglisharrow-up3·4 days agoyeah that is what I was getting at because the thing I read mentioned not doing anything like it since world war 2 and seems like we have.
minus-squarebrucethemoose@lemmy.worldlinkfedilinkarrow-up2·4 days agoAh right. Taking direct equity hasn’t been orthodoxy for sure, but like you said, that part is likely technically wrong.
That last part isn’t unprecedented. The US’s Strategic Petroleum Reserve (for instance) made a lot of money buying low and selling high, which is just a happy coincidence of trying to stabilize the supply/prices.
yeah that is what I was getting at because the thing I read mentioned not doing anything like it since world war 2 and seems like we have.
Ah right.
Taking direct equity hasn’t been orthodoxy for sure, but like you said, that part is likely technically wrong.